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Silver price manipulation? If it looks too bad to be true, it probably is - Eric Janszen

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  • Re: Silver price manipulation? If it looks too bad to be true, it probably is - Eric Janszen

    Originally posted by swannmex View Post
    OK fair enough. In light of what Bart Chilton has said ( and I assume he has access to the files from the on going investigation ) and the fact that he is saying these things in public,and the 2 recently filed RICO lawsuits, do you think , ""price manipulation theories" are a lot of nonsense ??"
    I believe one suit of the 3 explicitly mentions RICO. the 1st 2 only allege collusion. I don't know if it amounts to the same thing or not.

    Jeffrey Christian claimed Chilton does not have access to the investigation's results.

    He also claimed CFTC staff disagree with Chilton on whether there is manipulation.

    So ... either Chilton knows & disagrees, or Chilton has no access (doesn't know what the staff knows, doesn't know the investigation's results), in which case what can the staff & commissioner disagree about?

    Christian seems to be playing both sides of some issue, trying to have it both (contradictory) ways ... taking his statements taken as a whole, it's quite fishy.
    Last edited by Spartacus; 11-04-10, 02:33 PM.

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    • Re: Silver price manipulation? If it looks too bad to be true, it probably is - Eric Janszen

      All that's happened is lawsuits have been filed. It may mean next to nothing. the US court system is eminently game-able. Especially the rules for discovery in the hands of a permissive judge.

      IMHO You folks south of the 49th really should rewrite your FRCP and hold lawyers from all sides to stricter rules.

      There may be lawyers looking for a quick and easy settlement payoff.
      Ditto for plaintiffs.

      HOWEVER, This is much less likely than I thought when I first heard of the suits, since all 3 plaintiffs are seeking class action status, multiple law firms are likely to get involved - a quick payout & going quietly into the night is not as likely as with the average suit (IMHO)



      Originally posted by swannmex View Post
      OK fair enough. In light of what Bart Chilton has said ( and I assume he has access to the files from the on going investigation ) and the fact that he is saying these things in public,and the 2 recently filed RICO lawsuits, do you think , ""price manipulation theories" are a lot of nonsense ??"
      Last edited by Spartacus; 11-04-10, 12:32 PM.

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      • Re: Silver price manipulation? If it looks too bad to be true, it probably is - Eric Janszen

        The "Silver Bears" have an alter ego!

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