Comment Text:
10-005
COMMENT
CL-00639
From:
Sent:
To:
Subject:
vidal cortez
Wednesday, April 14, 2010 3:11 AM
Metals Hearing
Two banks responsible for majpulation of Precious Metals ....CFTC, read your
plaque
Dear Sirs,
Just recently, ( March 25, 2010) a meeting was held by the CFTC where one Andrew
Maguire was not allowed to speak and tell of all he knows regarding JP Morgans manipulation
of the precious metal, silver. Mr. Maguire, himself, a trader with Goldman Sachs, had emailed
Eluid Ramirez, a CFTC member, with information which included a particular date, and time
that one particular manipulation was going to take place (of silver) which was sent out as a
signal by JP Morgan, which is the basic signal that has been sent out for years which alerted
traders of the up coming manipulation. Mr. Andrew has stepped up as a so called whistle
blower in this manipulation orchestrated by JP Morgan and again has been going on for years
which was only backed by ( I believe one Jeff Christian) who said this has been going on for
decades and he wasn't to worried if owners of the naked short contracts asked for delivery of
silver; Because there are mechanisms of CASH SETTLEMENTS ..... Cash settlements says
yes there is no silver BUT we do have plenty cash ( from wherever cash comes from) for
settlement ..... This meeting actually proved what was once called a theory, to be a truth of
fraud and the CFTC has a job appointed by the president to prevent such crimes against the
masses ....
I think it is time to step up to the plate and perform the job the CFTC was created for.
This meeting and the so called whistle blower has now reached beyond the quiet almost
hidden meeting, only for the eyes and ears of those who would bother to look it up on the
Internet, if they even knew the meeting was going to take place but as I said it has now
reached the masses by way of the NY Post and other main media newspapers. How much
longer do the federal reserve believe that cash settlements can replace a precious metal such10-005
COMMENT
CL-00639
as silver which is now much more rarer than gold. I know, it has been said there is less silver
above ground but once the silver below ground has been extracted, silver will no longer be
more rare than gold ( how can anyone know just how much silver is below ground but, (1) How
long do you think it would take to extract enough silver to be in great numbers above gold?
One week? Six months? One year? Five years? Ten years? Twenty years? Just go ahead
and stop me when you think silver will be in great amounts "ABOVE GROUND." Especially
since silver is also a VERY IMPORTANT, let me say that again, ESPECIALLY SINCE SILVER
IS A VERY IMPORTANT INDUSTRIAL METAL AS WELL AS PRECIOUS METAL. Oh yes, not
all of us has forgotten that silver has been used as money before gold was and now it has
many, MANY important industrial metal uses such as water purification, best electrical
conductor, great for long lasting batteries, a great metal used in antibiotics, this metal is now
used in clothing to prevent athletes from setting off bad odors, with the closer possibility of
electric cars guess which metal will be used for its great conductivity and its all around loner
lasting ability? SILVER, PLATA, ARGENTUM, Ag, Atomic # 47... CFTC, you must follow the
words on the plaque that sits on your wall, now is your chance to shine just as Mr.
Maguire ........ It's up to you. Thank you,
Silence Doogood
