regulators were likely to drop their silver market manipulation probe and then commissioner bart chilton fired back that the report was premature and inaccurate down to the much sense that of course j.p. morgan is at the center of these manipulation claims and our guest is forecasting that the robber may meet the road for the big bank and it's over position possibly this month could explode we'll hear from a plus our lap dances new blood dances and our form worthy of tax exempt status well new york's highest court will reportedly weigh the arguments for and again stand at the end of the show so we'll wait let's get to today's capital account. so as i said at the top of the show gold key to media reports today as investors were cautious ahead of the e.c.b. meeting that begins tomorrow and the federal reserve's meeting next week this is after hitting a six month high earlier now and this is the latest macro trend that the movement of the precious metal is being attributed to but does this explain it or is there market manipulation going on behind the scenes driving moves and price suppress

still to come an outspoken critic, bart chilton is in the santelli house and we'll sick rick on mr. r ] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ >>> we've been looking at photos like this all morning long, it's the new apple maps app image of the hoover dam, although you would not want to be near a dam that looked like that. apple maps being heavily criticized for its quality and apple being criticized for its switch away from the google maps app. here's a look at how the two apps compare for the same location, this is tokyo, a little more detail on the left and the cayman islands as well. yeah, not going to help you get around the cayman islands too much. >>> the b

bart chilton says this is tough news for those who believe there is too much speculative concentrationmmodity futures and swap markets. back to you. liz: thank you very much. david: how, i got to ask, how many other courts is this case going to be appealed to? >> that's what they're considering right now. cftc's still questioning what the next step is going to be. this is a district court. so they could rewrite the rule to conform to the ruling or try to kick this up again and they haven't decided that yet. liz: rich edson, thank you very much. big ramifications for traders no doubt. david: that, rich. stocks ending the week on a down note as economic data disappoints. what is ahead for next week? we have the market moving numbers you need to watch. liz: plus a river runs through it. it, being mars. david: a river? liz: yes. the details on the mars --. david: easy for you to say. liz: curious new discovery. stay tuned. we can't talk here. ♪ time to go "off the desk." maybe there is life out seed of earth after all. nasa's new mars curiosity rover unearthed curious evidence of a stream,

objective. >> when the fed chairman arrives in his office this morning, he will receive a letter from bart chiltonho we told you is onset with us. this letter warns about a potential gaping loophole in the volcker rule and joining us first on cnbc with the details is the man himself. bart, thanks for coming in. >> good to be with you? >> the let ser aboter is about volcker rule and your currents about prop trading. >> the comment period on the volcker rule that would prohibit proprietary trading, trading for the house to the banks, was done in february. so it's it time we can get on with it, so, one, we should do if soon. and, two, we should make it strong. the rule. tone sure that will isn't some supersized loophole. and it really should be clear and concise and common sense to reflect what the banks are actually doing so that they can trade the proprietary risk, but at the same time, they don't go over that line and to speculating which is what we've seen and what andrew wrote about for so many years. and didn't work out so hot. >> your problem with the law is that it does allow for hedging. >>