A Shocking Allegation From Andrew Maguire: CFTC Must Respond Publicly, Or Answer To Congress

"I think it is not possible for the CFTC and the Obama Administration to continue to ignore such public allegations. The CFTC may use the shield of an 'ongoing investigation' since they have been looking into charges about this matter in the silver market going on five years now. They have missed the date by which they promised results.
To continue to ignore this widespread and public questioning of the integrity of the markets that affect the whole world is not acceptable.
I am a little surprised that the appropriate committees in Congress have not invited Bart Chilton and chairman Gary Gensler to appear before them, and ask if they have any such evidence, and if these allegations are substantial."

As George Carlin proclaimed " It's a CLUB and YOUR NOT in it."

Do we really need more evidence? Co-ordinated computer trading attacks in the middle of the night. Falling PM prices despite unprecedented money printing and insatiable physical demand. Manipulation in the PM markets is no longer talked about as an idea promoted by a lunatic fringe. Many mainstream commentators now seem to grudgingly accept that it is likely...especially in the wake of LIBOR fixing and heavily propagandised GDP, inflation and unemployment figures.

The point is what will happen next? Even if irrefutable evidence emerges, that the markets are rigged with the full blessing of the Fed, the Bank of England and their respective governments, I suspect that (much like Nixon telling the world they could no longer claim gold in return for dollars...) the US government will simply fold its arms and say 'So what? What are you going to do about it?' Or they'll claim that 'extraordinary measures' were needed to protect global financial institutions from disaster and it was all done in the name of national security.

Regardless, whichever line they take their excuses will be irrelevant. They've gambled away the family silver and gold. When fractional reserve banking and the derivatives house of paper finally buckles under its own weight, and we're wondering where all the wealth went, we'll look east, and finally notice the Chinese dragon smiling contentedly on a gigantic pile of gold!