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What a surprise: FT says CFTC to drop silver investigation

But such an outcome would be completely consistent with a finding that the really big player in the silver market is not JPMorgan at all but the U.S. government acting through intermediary brokerage houses. After all, as he signed the legislation demonetizing silver in 1965, President Lyndon B. Johnson pledged that the U.S. government would rig the silver market if necessary to prevent the price from rising:

http://www.gata.org/node/11601

And the Gold Reserve Act of 1934, which created the U.S. Exchange Stabilization Fund, explicitly authorizes the U.S. treasury secretary to trade secretly in all markets on behalf of the U.S. government:

http://www.treasury.gov/resource-center/international/ESF/Pages/esf-inde...

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By Jack Farchy and Gregory Meyer
Financial Times, London
Sunday, August 5, 2012

http://www.ft.com/intl/cms/s/0/45329d42-dd97-11e1-8be2-00144feab49a.html

Previous CFTC silver inquiries in 2004 and 2008 found no evidence of wrongdoing.

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Thursday-Friday, September 27-28, 2012
Toronto Sheraton Centre Hotel
Toronto, Ontario, Canada
http://www.cambridgehouse.com/event/toronto-resource-investment-conferen...

New Orleans Investment Conference
Wednesday-Saturday, October 24-27, 2012
Hilton New Orleans Riverside Hotel
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http://www.neworleansconference.com/

http://www.goldrush21.com/order.html

http://gata.org/tshirts

http://gata.org/node/wallstreetjournal

http://www.gata.org

http://www.gata.org/node/16

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