Ted Butler gives up on the CFTC and wants all commissioners out

Submitted by cpowell on 05:16PM ET Friday, May 25, 2012. Section: Daily Dispatches

8:12p ET Friday, May 25, 2012

Dear Friend of GATA and Gold:

Writing today at GoldSeek's companion site, SilverSeek, silver market analyst Ted Butler, who exposed the silver price suppression scheme so many years ago and has kept at it ceaselessly since then, gives up on the U.S. Commodity Futures Trading Commission, which, he says, lied in its previous investigation of the silver market and is lying now as its current supposed investigation nears its fourth year of nothing. Butler calls for the resignation of all CFTC members.

We're not quite as disappointed in the CFTC as Butler is, as the commission's inability to produce anything honest or intelligent about silver after nearly four years is as good as confirmation that the silver price suppression scheme is essentially a U.S. government operation, like the gold price suppression scheme. Those with eyes to see and ears to hear can figure this out pretty easily now.

Butler's commentary is headlined "Illegalities" and it's posted at SilverSeek here:

http://www.silverseek.com/commentary/illegalities

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