Silver Seek: Behind Closed Doors

Article by james Cook in Silver Seek

Years ago, silver analyst Theodore Butler claimed that Bear Stearns’ failure in 2008 could have been caused by their huge short position in silver. He suggested that JPMorgan had taken over their short position and had continued to suppress the price of silver.

A former commissioner of the Commodity Futures Trading Commission (CFTC), Bart Chilton, sat for an interview with blogger Chris Marcus to discuss silver market shenanigans. Mr. Chilton was a commissioner from 2007 to 2014.

The interview got interesting when he began to discuss the failure of Bear Stearns in 2008. They held a large short position in silver along with JPMorgan who took over Bear Stearns’ short position at the time.

All this verifies that Ted Butler was responsible for uncovering a massive ongoing manipulation of the gold and silver market by JPMorgan. It means that his claims are true.

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