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Message: Ned Naylor-Leyland: CFTC lets Morgan get away with rigging silver market

Interesting GATA dispatch:

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Submitted by cpowell on 09:01PM ET Tuesday, October 4, 2011. Section: Daily Dispatches

11:55p ET Tuesday, October 4, 2011

Dear Friend of GATA and Gold (and Silver):

Ned Naylor-Leyland, investment director for Cheviot Asset Management in London, who spoke at GATA's Gold Rush 2011 conference there in August, complains in a new Cheviot investment letter about JPMorganChase's manipulation of the silver market and the U.S. Commodity Futures Trading Commission's continuing facilitation of that manipulation. Naylor-Leyland's commentary is headlined "Silver, Gorillas, Madoff, and Financial Regulators -- Will They Ever Learn?" and you can find it at Scribd here:

http://www.scribd.com/doc/67350783/Silver-Gorillas-CFTC-Etc-1

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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