Lawsuit over silver manipulation??

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mike97

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Lawsuit over silver manipulation??

posted on May 23, 2010 03:52PM

Bill Murphy in May 21st Midas said his big news was delayed:

"Nothing to report new on silver. It remains a JP Morgan plaything. Also, that splash I expected to come this week has been delayed for good reasons. Stay tuned … won’t be long."

Ted Butler said in hs weekly King World News interview that he didn't think that it was JPMorgan doing the silver manipulation last week but the other members of the cartel. He said he still believes that JPM is under scrutiny and is slowly exiting its short position and could have cleared 10,000 short positions.

Peter Grandich may have let the cat out of the bag in his one hour interview on miningstock talk this weekend. http://miningstocktalk.com/mining-stock-talk-interviews-peter-grandich/

He says aboout the 42 minute mark that there is a very strong rumour that we are very, very close to a big time lawsuit being filed by a very reputable law firm over silver manipulation. He goes onto say that while he is very bullish on gold going up big time as it hits its low last week, this could be a real catalyst for silver.