manipulation of the story which is cut in granite the proof is is there for chilton to see if bart chilton was not one of these captured regulators over there to see if t.c. along with gary gensler we now know that these guys are lockstep marching to the tune set by the banking industry that they're supposed to oversee but this sober manipulation fact is the inverse of the live bore interest rate manipulation library interest rate manipulation its chief purpose is to support the us dollar by allowing for trillions of dollars worth of on collateralized non-sensical paper pulled out of ben bernanke spanked or to support the. system of banking which is worth exactly zippo the inverse of that is so over and gold which would put the koba on these terrorists as i call them in a it's an apt term the all laws would be applied toward terrorists should apply toward bernanke and jamie dimon but you have the situation stacey of the silver vigilantes are out there we will try and that's why i've got my silver here now you mention the word vigilante and of course because the regulators the department of

a legal case according to three people they cite for milieu with the situation now since then bart chilton has told a motley fool reporter and we confirmed this with his office that this has to report is premature and inaccurate now chilton says he thinks the public deserves some answers in the near future we'll see about that but bart chilton of course is this the f.t.c. commissioner who said two years ago that he believed there had been fraudulent efforts to deviously control the silver price now what's interesting is given recent events is this seemingly new world where the mainstream is rethinking what it's thought of in the past as conspiracies just listeners sam b.c. you hear about these things. these were curiously theories right you hear that you hear this about the people of new killing live or people here deleting that the still markets and you said they are. and they are. and they are and that's no the gold antitrust action committee gap since one nine hundred ninety eight has been exposing opposing and litigating against collusion to control the price and supply of gold now got

now unimpeachably money so therefore lie bores about manipulating gold and silver as well so if bart chilton or up to see if he see or of jeff christian around these people come out and say no so over you know we don't have the total facts on it they haven't read the wall street journal or the financial times the last six months like more is manipulation of money goal of. silver is money you know the fact that they don't articulate that either their brains are the silo on a desk somewhere connected to nothing or their brains expired at some point they're no longer functioning in any real sense or they're working for the bad guys and jepson their attorney general of connecticut his spokeswoman said that they hope to provide restitution to state agencies municipalities and other entities that may have been harmed by any illegal conduct from the life or manipulation but as you were saying i mean the mainstream media is focusing on well it was great for homeowners because their mortgage rates were lower however on the bad side municipalities paid more for their credit default swaps but nobody is

to see it had closed their investigation is over manipulation bart chilton the way he had ten up girl for the safety say was on out front on this one. the the library scandal has proven without a shadow of a doubt that it was of england in barclays in the money center banks. manipulating interest rates so why should we be surprised i'm in manipulating silver and gold i mean silver is the inverse of interest rates so it's even if you admit it or not by manipulating lie bar you are manipulating summer this to two things are part and parcel silver is a currency goals a currency even if they live or you're manipulating precious metals that's that's an axiomatic truth that doesn't have even any questions to it david morgan your thoughts max is true i mean just christian who's been pretty forthright on how the boy on banking system works has always said that that's a leverage factor roughly one hundred to one and the only commodities that have the exact same derivative exposure. are gold and silver treated exactly as if they are a monetary instrument which they are so i'm just backing you u

i like to welcome commissioner bart chilton.ou're going to make announcement which we can also make on cnbc. >> today, i'm calling for an insurance fund, rick, for futures customers. it just makes zippo zero sense that we have insurance funds for banking customers and we have insurance funds for securities but not for futures customers. and so, today, i'm calling for a fund that would reimburse up to $250,000 when there's a failure of a frame, not a trading loss but a failure setting up a funding mechanism and setting up the structure, the very bare bones bureaucracy for how this thing would work. looking forward to comments and hope people support it. good for customers and the economy if we get it done. >> i have had a couple of exchairmans of the exchange over six months and pat arbor totally for it. others have not been. saying it raises moral hazard. safety net. everybody wants the high wire even higher. any thoughts in that regard? >> yeah. i agree 100% that you definitely don't want an insurance system to encourage bad be