On KWN, Ted Butler reveals Justice Dept. probe of Morgan silver rigging

Submitted by cpowell on 07:16AM ET Saturday, May 1, 2010. Section: not mentioned the investment bank. Thus, Rickards says, the Anti-Trust's Division's reply is "a stunning communication."

Rickards speculates that the Anti-Trust Division's reference to Morgan Chase may have been prompted by press reports linking Morgan Chase to silver market manipulation. Of course such press reports have arisen from the complaint brought by GATA to the March 25 hearing held by the U.S. Commodity Futures Trading Commission about trading practices in the precious metals futures markets. At that hearing GATA presented the story of London trader Andrew Maguire's attempt to walk the CFTC through an ongoing market manipulation by traders for Morgan Chase, and the CFTC's seeming lack of interest.

The King World News interview with Butler is 10 minutes long and you can find it here:

>http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/1_Ji...

Please remember that King World News isn't just audio anymore -- that it has started posting some pretty compelling text commentary as well, including commentary by Rickards, Richard Russell, Nouriel Roubini, and Marc Faber. You can find the King World News text commentary section here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.html

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