14 April 2014

Gold Daily and Silver Weekly Charts - The Mother of Madness - Bart Through the Revolving Door

“Most men would rather deny a hard truth than face it.”

“A toast to the proud Lannister children: the dwarf, the cripple, and the mother of Madness.”

Tyrion Lannister, Game of Thrones

The lid has been shut down on silver with some serious force.

Gold continues to come in to the Comex warehouses to buttress them for the April delivery which proceeds. If there is so much loose gold around, as Shill & Troll have asserted, then why can't the Fed return Germany's gold for seven years?

The games will continue, until they don't.  Winning....
(Reuters) - Bart Chilton, an outspoken former regulator who spent more than six years as a member of the U.S. Commodity Futures Trading Commission, will join the law firm DLA Piper, the company said on Monday.

Chilton, a Democrat who left the CFTC last month, witnessed its transition from a little-watched overseer of futures markets into a powerful body put in charge of the $690 trillion swaps market after the credit crisis.

"Bart will be an invaluable resource for clients who will be subject to increased regulation over the next few years," the firm said in a statement...
Maybe Bart is just going undercover to find out if Jim Kidney was right about the allures of a plush corporate sinecure after a much-publicized, but effectively innocuous, regulatory career.

Have a pleasant evening.