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<p>[QUOTE="InfleXion, post: 1496542, member: 29012"]Wow, I am disagreeing with Ted in a number of cases on this one. I have to wonder if somebody got to him since that has never happened before with me personally. </p><p><br /></p><p>It doesn't make sense that the motivation for financial firms to hold the price of silver down is merely to profit from derivatives contracts. They can do that with any commodity. There's no reason silver has to be the go-to for this. For Ted to say that the motivation is not to support dollar dominance is mind boggling. That is and always has been the motive. </p><p><br /></p><p>He must not have seen the recent article where Chilton said that they would have a ruling on the now 4 year old fraud investigation into JPM coming this September or October, since he is still harping on their lack of getting anything done, which I would normally have agreed with. </p><p><br /></p><p>He even specifically called out the government in an article a couple weeks ago, so to backpedal and put it on the primarily on financial firms with the gov just piggybacking out of mutual convenience is another head scratcher. He has been around long enough that he should know these financial institutions are just doing the bidding of the Fed (JPM) or the BoE (Barclays / LIBOR). </p><p><br /></p><p>I hope all is well for Mr. Butler. He seems to have been spooked.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1496542, member: 29012"]Wow, I am disagreeing with Ted in a number of cases on this one. I have to wonder if somebody got to him since that has never happened before with me personally. It doesn't make sense that the motivation for financial firms to hold the price of silver down is merely to profit from derivatives contracts. They can do that with any commodity. There's no reason silver has to be the go-to for this. For Ted to say that the motivation is not to support dollar dominance is mind boggling. That is and always has been the motive. He must not have seen the recent article where Chilton said that they would have a ruling on the now 4 year old fraud investigation into JPM coming this September or October, since he is still harping on their lack of getting anything done, which I would normally have agreed with. He even specifically called out the government in an article a couple weeks ago, so to backpedal and put it on the primarily on financial firms with the gov just piggybacking out of mutual convenience is another head scratcher. He has been around long enough that he should know these financial institutions are just doing the bidding of the Fed (JPM) or the BoE (Barclays / LIBOR). I hope all is well for Mr. Butler. He seems to have been spooked.[/QUOTE]
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