Ted Butler
Ted Butler Articles
It has now been more than eleven years that I have been writing about the leading role that the US’ largest bank, JPMorgan, plays in the pricing of silver and gold.
Let me turn to the January 31 historic passage of the new proposed position limit regime as voted on by the CFTC. As I believe most regular readers are aware, the issue of position limits has been a singular concern of mine for decades,...
By now, it would have been hard not to have read about the Justice Department’s landmark criminal indictments against three additional precious metals traders from JPMorgan. Two of the traders charged are current employees and include the...
There are two great evolutions underway in the world of commodities that, while in full view, are misunderstood or overlooked by most observers. So important are these two developments that they threaten serious market upheaval when they...
Tuesday’s announcement by the Department of Justice of a guilty plea by a former trader of JPMorgan for systemic “spoofing” and price manipulation of gold, silver, platinum and palladium traded on the COMEX and NYMEX futures exchanges (...
Sometimes things that are obvious truths can appear before us that we have trouble seeing; along the lines of being too close to the trees to see the forest. It’s not that we can’t see what’s directly in front of us, but rather that we...
I’d like to share what may be a different way of looking at the gold and silver market, but still remain focused on what has been the primary driver of price – changes in the COMEX futures market structure. It has become fairly common...
I was shocked by Friday’s announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall...
In the quest to explain something that may be complex into something easily understood, please allow me to reference a recent issue most in the US are now familiar with: i.e. the shocking rise in price for EpiPens, produced by the Mylan...
A rare event occurred this past week; the CFTC charged a major food company, Kraft, Inc., with price manipulation in the wheat market. You can count on one or two hands the number of times the federal commodities regulator has charged...