The American Empire in a Changing World


Wednesday, September 5, 2012

''Silver Delivery Problems Expected: GATA''

From Kitco..............''Gold & silver manipulation have resurfaced as issues in the mainstream media, with U.S. Republicans calling for a return to the gold standard; but what are the thoughts of long-time anti-trust activist and head of GATA, Bill Murphy, on this "renewed strength" in gold & silver manipulation theories? Murphy, who has long been calling attention to the suspected manipulation of the metals markets by Western central banks, says his sources tell him that JP Morgan will soon be experiencing problems with their silver positions, and will likely be unable to deliver silver to their long-positions. However coincidentally, these rumors of trouble among JPM's silver trading activities comes a short time after the CFTC announced that it would be dropping its 4-year probe into manipulation of the silver markets. Although he does not know whether the CFTC will be doing anything about JPM's alleged activities, Murphy insists that his sources have confirmed "huge problems with their [JPM's] short positions" and believes himself that some kind of scandal will be breaking this month, and that we will see serious delivery problems by year's end. Bill Murphy takes us deeper into the world of gold & silver market manipulation, and explains in greater detail the more intricate aspects behind his and GATA's beliefs. Kitco New, Sept. 5, 2012.''

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