*Regarding the JPM whistleblower letter on the CFTC web site. I have no clue whether it is legit or not in the sense that it really is a JPM employee spilling the beans. I have my doubts. However, the content seemed on the money and it engendered about as many emails to me as any over the past 13 years … and seemed to go a bit viral, which is good the way I see it. The letter got around so much, it even provoked the following comments from the widely read Dennis Gartman…

The bottom line so far is the letter has been a substantial plus so far, which would be an irony if not legit, as GATA has come up with SO MUCH on the market manipulation matter, only to have it go nowhere in the public domain. Course, then again, JP Morgan could publicly disavow the letter and its contents. What do you think the odds are of that?