silver spot price
Today, I continue with my set of possible events that could serve to finish the manipulation of precious metals.
a couple of. Regulators and/or prosecutors could document charges to stop the manipulation.
Unfortunately, the probability of this occurring looks about as likely as the chances the Federal government will balance your ability to buy in our lifetimes.
Actually, the two events go together as it can be continuing and massive deficits that create manipulation of precious metals so essential.
It’s impossible to believe which regulators, prosecutors and others charged together with enforcing commodity laws and regulations don't know charges of manipulation.
Volumes of articles have been published on the subject matter. Organizations such as GATA exist entirely to document these charges (and onward summaries to said regulators). High-report market analysts such as Ted Butler have done the same thing for some time. And yet no charges have been filed.
One (alleged) “investigation” has been recently going on for almost five several years! Time and time again, the costs of precious metals have plummeted pertaining to no credible market reasons under your strangest of circumstances.
Evidence has emerged that plenty of other markets are/have been manipulated. Still, no formal agency has taken actions that could possibly confirm such activities are also going on in the precious metals arena.
Simply no, if any regulatory agency or public prosecutor was going to file charges or launch an authentic investigation, they can have done so long ago. Here, past performance probably IS the best indication of future (non) performance.
Attorney cosmopolitan Eric Holder probably gave us the reason behind this non-action a while when he admitted that some institutions possibly are too big to prosecute.
In the event the manipulation is as blatant as it appears, and has been going on for as long as some of us believe, the just conclusion that can be made would be that the enforcement agencies are either in for the act or are willfully turning some sort of blind eye to questionable or offender activities.
Perhaps they have been told that “manipulation” is, in fact, legal, and is being done for “countrywide security” reasons.
If the government themselves took actions to prove and end manipulation, one arm of government might very well end up discrediting various other government agencies and employees. High-rating employees at that.
Such investigations in addition to charges would also no doubt establish that government watch dog agencies had been either complicit or derelict in his or her duties for years. That is, many people’d be indicting themselves for preceding lack of action.
It would create a truly courageous government servant to create these accusations and then prove these individuals beyond a reasonable doubt.
Alas, such an idealistic person - someone with the grit ("true grit"?) to take on the most powerful of the powerful - probably exists solely in film screenplays or novels.
Equally someone wrote in a recent article I read, these regulators had a chance to make history by bringing charges and also ending the manipulation. Instead they decided to take a pass. Bold activity will be left to others. And so sad.
Plus, it’s not much like the financial press or influential members associated with Congress or indeed the masses inside the public are demanding action. That is definitely, there appears to be no straight down-side risks to preserving the search-the-other-way status quo.
Not any significant watchdog group exists to demand the watchdogs. Similarly, as far as you may know, no investigator is investigating the detectives.
Which leads me to the tertiary scenario on my list of functions that could end manipulation - A popular media outlet or credible investigative writer(s) could expose the manipulation.
This specific topic, a pet peeve of mine, will be analyzed in depth in my next submission.
silver spot price
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