Silver lawyer explains amended lawsuit; Butler cites attorney general’s confession
7:19a HKT Wednesday, March 13, 2013
Dear Friend of GATA and Gold:
Interviewed by Tekoa Da Silva of the Bull Market Thinking Internet site, silver market manipulation class-action lawsuit plaintiffs’ attorney Christopher Lovell explains what is in the amended version of the lawsuit in U.S. District Court in New York and what the court may find lacking:
And silver market analyst Ted Butler, who identified the rigging of the silver market many years ago and has been agitating against it ever since, writes that the U.S. government’s failure to act against it has been fully explained by Attorney General Eric Holder’s confession in Senate testimony last week that the biggest banks and investment houses are bigger than the government and above the law.
(GATA would argue that the banks, investment houses, and the government are actually one and the same. After all, the banks and investment houses don’t care about being long or short as long as they make money; they’re short the monetary metals because that’s what the government wants to defend its own currency. But maybe this is a mere quibble.)
Butler’s commentary is titled “A Moment of Clarity” and it’s posted at GoldSeek’s companion site, SilverSeek, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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