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Bart Chilton To Commodities Traders: You Are On Your Own
While the government is by and large shut down, the various market "regulators" have been quite vocal in reiterating that they will stay open. After all - in a world in which the capital markets are the only policy (not to mention confidence boosting) vehicle left, one can't have a situation in which mom and pop investors lose faith in "free, efficient and unbroken markets" and stay out. The SEC went so far as to post the following announcement on its site: "The SEC will remain open and operational in the event the federal government undergoes a lapse in appropriations on October 1."
However, this appears to be the case only for stocks.
For commodities, such as gold and silver which both got pummeled around the usual time of the London fixing as reported previously, it is a different matter entirely. Bart Chilton, in this email exchange with a reader, explains why investors in non-stock instruments are as of this moment, largely on their own.
From: Chilton, Bart <BChilton@cftc.gov>
Date: Tue, Oct 1, 2013 at 9:32 AM
Subject: Re: Today's Smackdown
To: XXX@XXX
No regulators looking at markets due to government shut down.
B
NOTE: Ponzimonium: How Scam Artists are Ripping Off America, is now available in a FREE EBOOK edition. Go to the link for your copy and a Government Book Talk interview: http://govbooktalk.gpo.gov/2013/09/03/post-ponzimonium-an-interview-from-the-front-lines/
* * *
From: XXX@XXX
Sent: Tuesday, October 01, 2013 09:16 AM Eastern Standard Time
To: Chilton, Bart
Subject: Today's Smackdown
Commissioner Chilton,
Any comment on this morning's shenanagins in the gold and silver pits? Time to reopen an investigation?
Is credibility important to the CFTC?
Regards,
XXX
Well, the government may be down, but at least Bart is willing to soldier on and since he is deemed "essential", is kind enough to not only reply to emails but also to recommend his recently published book, titled appropriately, Ponzimonium. As for the rhetorical question of how important credibility is to the CFTC, we are confident it is just that: rhetorical.
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LOL
Gold - BTFD!
No Bart ''Banker Shill'' Chilton to regulate silver to ensure it is traded fairly??
So Big B will take his day off and go shopping for hair product. Long Vidal Sassoon.
So what's new ?
Commodity traders? Who is Bart talking to?
Does not compute.
Bart Chilton To Commodities Traders:
I believe he made up those lines on the fly as they were not scripted.
What fucking regulators? WTF? We do not have any working regulators for the past five years. WTF?
If you want t know the real price of things call a pawn shop. Spot + their mark up. That's the price of PMs because it's not like any of his friends can deliver silver or gold.
Incidentally it also means Pawn shops just became bank's again because they actually are capitalized.
Fuck..we've been on our own for decades
Word up dawg.
This might actually level out the playing field.
The press release has so many thing wrong with it, where to begin.
First of all, "trading" commodities shows the level of ignorance this man has during times of obvious gov't and market failure. Anyone trading is an idiot. Gold and silver are the real deal and the ONLY form of real money on this earth. The man made money freaks don't want you to believe this, so they hammer the paper price.
Secondly, when the fuck have regulators not left the paper-pushers alone? Regulators have been absent 100% of the time. JPM, the BIS and ESF have been hammering the metals ever since 1990 while the "regulators", those smart people that are watching out for us, do NOTHING.
So shut up, you ignorant fool....like I said before, you're a mimbo. Really, you need to STFU. You sound stupid.
It may help to read this.
You guys are all missing the point. Paulina Gretsky just discovered her young adult mammaries, and she doesn't quite know what to do with them, and she's looking for advice.
No news in Prof. Chilton leaving the apes' cages open again.
All natural, trust me!
http://cdn.sneakhype.com/wp-content/uploads/2011/11/paulina-gretsky-10.jpg
Of course the definition of the word 'natural' is debatable in this instance.
TSP to Bart Chilton: No Dick Head, YOU are on YOUR own. I will eat you last.
Gold will rebalance the sum of all Fiat expansion
http://twoshortplanksunplugged.blogspot.com.au/2013/10/gold-will-rebalance-sum-of-all-fiat.html
BREAKING BART
A former CFTC regulator gets incurable gold fever and, in order to secure his families future, resorts to a life of crime looting phyzz from pawn shops, busting open safes and snatching stacks.
Yup. It's all an illusion. Every last piece of fiat represents time wasted on worthless crap and job positions that come with it to maintain it. You can tell because all the stuff people use the government for is shut down, and all the extraneous shit is still running in the government. This guy John Riordan has an interesting rant/analysis on the subject.
http://www.strikemag.org/bullshit-jobs/
Bart Chilton aka caveman because that is what he looks like,..was never looking into this matter, Bart was picked by the government and works for the Government.
To paraphrase Paul Volcker speaking years later about the Plaza Accord; "We didn't intervene in the gold market, but in retrospect, we should have" (Or something to that ilk.)
The Perceptions Must Maintain.
"We should never have let it get to $800"
Pawn shops, excellent info...
Physical gold will do just fine, paper Au, uhh...
Good point. Although I'm in the pawn biz and haven't sold any Gold or Silver bullion for years.
No, indeed, why would you? "We BUY Gold/Silver/Coins"
Thats your shop, no?
This is a Veeeeery long fight. We have to teach our children to secure freedom in PM's and then over time we win.
No one can defeat endless fiat. Buy when it's time to rid some of your useless fiat, patience is a virtue. None of us are running out and going to buy Gold @ $2,200 an ounce in quantity now. Face the beast, face the mirror, live your life with confidence.
If you're crying about a 30%-50% loss, you should have never purchased in the first place. I own raw land also and don't cry, it will be there when I need it.
A great scene in a great movie. Rutger Hauer did write those lines--he was a poet before he was an actor..
Is that John, ? John, MF Global? lost what lost? they were regulated seg funds, what LOST? lol.
commodities traders, stock traders, home owners RE, suckers.
crying with the FED printing fake dollars, like "TEARS IN RAIN"...... "TIME TO FRAUD."
Well done!
to Hedgeless Horseman. Terrific animation from Blade Runner. I would complete the phase "All those moments will be lost in time" by adding the end "like tears in rain." The end.
Rutger is a BOSS.
The History of The Chinese Gold Market
http://koosjansen.blogspot.nl/2013/10/the-history-of-chinese-gold-market...
Certainly not his hairstyle.
Is Rutger Hauer in Bladerunner! Boris is love scene on rooftop where show TDK logo!
http://www.youtube.com/watch?v=YD-cpyFY6OM
Might'nt the Bladerunner video tape be TDK? Would be an acceptable creative gratuity if so.
Also, others opine it fits with some subtexts of the film:
"What’s the difference between a replicant and a human being? In other words, what defines life? It takes Deckard an unusually long time to determine that Rachael is a replicant. “More human than human is our motto,” comments Tyrell. A background advertisement during the climactic scene between Roy and Deckard echoes Tyrell’s remark. It advertises TDK, which makes blank video and audio tapes. Tapes are used for duplicating–or perhaps, replicating–and the slogan reads, “TDK–so real.”
http://www.aboutfilm.com/movies/b/bladerunner.htm
Ridley needs to answer the question about whether the alien universe is the same as blade runner... It would make prometheus that much cooler... (speaking of which, he needs to get to making the sequel already).
IMDB lists an
Untitled Blade Runner Project
and a
Prometheus Sequel
So who knows?
I don't know, replicants and xenomorphs? I guess there was the android in Aliens...
Yes, and the time lines of the two series overlap... apparently Ridley has hinted at this fact and never denied the possibility... but I do believe he's said that there would never be a combination of the series. The thesis is that the androids in Alien (which is the only alien film that is canon) are, in fact, replicants (who were used to "explore space").
I believe the bladerunner sequel has been pushed back due to the commercial success of prometheus... Harrison Ford has signed up and it covers them on their run from the "law" (obviously some years later, although with the CGI of a "younger" jeff bridges on Tron Legacy, they could probably roll back harrison's appearance a few decades).
The prometheus sequel should be pushed first (err I believe it has been demanded by the studios) and fassbender (incredible) and rapace have already signed up... I strongly suspect the movie will largely involve those two and not feature too many other actors... Ridley pointed out of the park for the sequel (leaving much to be desired from prometheus, i.e. many questions and few answers), so he's going to have to do something that probably hasn't been done in a while if he's going to meet the expectations of what was set up for the sequel to prometheus... It didn't cover any more ground than 2001, but the sequel has the prospects of doing so, and then some [2001 is incredibly vague, although still being significantly insightful... and directed by the best there ever was (who was routinely, purposefully vague, sometimes to the detriment of the purpose)]. I hope Ridley is up for the task... and I see no reason he couldn't make the sequel into the movie many of us hope it could be... [if they pull an aliens/3/4/etc. and don't let Ridley finish what he started (or if Ridley chooses a different path), then I'll have a shit fit... not even cameron or fincher could do the prometheus sequel... it could be an incredibly important movie and there aren't many who could pull it off, especially not in the sci-fi genre].
The truth is out there: http://www.weylandindustries.com/
Here is Rutger Hauer in a 30 year look back at Blade Runner - great interview and only 6 1/2 minutes
http://www.youtube.com/watch?v=LgcAbJ_cuQI
Plus c'est change, plus ce le meme chose.
votre français est mieux que votre anglais, Boris.
Merci spaciba, mon frere! Je have joyeaux en destruction de le langue francais!
Tout ce que je suis vraiment intéresse est qui sera éliminé dans Dancing with the Stars.
Il s'agit d'une chanson de groupe de rock célèbre, Rush, de Canadia.
If you were TBTF, no enforcement has been around for years.
Perfect time for JPM to naked short about 400 billion ounces of something they never had........... again
"Good cop" Bart even predicted this smash back on Sept 20th!
http://www.silverdoctors.com/did-bart-chilton-predict-todays-gold-silver...
He looks like Vigo the Carpathian from Ghost Busters
BTFD? Exactly! Tue, 10/01/2013 - 11:30 | 4009946 Kirk2NCC1701
... PMs got smacked down in a NY-minute this morning. Must be falling demand, in light of the Shutdowm. ;-)
All kidding aside... The PM dump seems irrational once again. Per Jim Rickard's comment of a couple days ago...
http://jimrickards.blogspot.com/2013/09/gold-to-get-stronger-dollar-to-w...
You have to wonder if another orchestrated (Fed+GS) Smack-down is going on.
POG has tracked the debt ceiling pretty well. TPTB know that when the debt ceiling is raised, price will go up... so they smack it down, hard, first.
Beat me to it. Yes, "markets" - LMFAO!
BART = CHICKEN = OFFICIAL NOW
LOL!!! Hey 'Bart', how is this different from any other day, you incompetent moron?? This time you can't surf the net looking at porn??
FUCK BART COCKSUCKER CHILTON........
He should be the first to hang, his good cop role is now obviously a blatant con
Dear CFTC: Your investigation is greatly appreciated. Fuck you very much.
The American people
So the big investment houses will not have their usual protection racket searching out the smaller guys to protect their fraud and suppress ANY honest price discovery? Wow! What a loss...
Come on Chilton...go Snowden on those motherfuckers.
Live a life that really mattered.
Those market regulators wouldn't recognise manipulation if it poked them in the eye.
It has. They didn't.
Oh no! Now Corzine can't be kept in check.....
Here's some wishful thinking...
http://www.gopetition.com/petitions/bart-chilton-resign-go-public-on-sil...
+1
I was wondering what the comments would be under this posting.
Somehow "LOL" cracked me up more than I would have thought possible.
Exactly what the fuck does Bart Chilton really do anyway ..... because the regulations he and Gensler introduced do NOTHING ... other than reduce liquidity
OMG!
Oh NOOOOOOOOOOOOOOOOOOOOOOS!
No government regulators.
as if...........
In other news, internet traffic of porn is redirect from government sector to home of regulator.
On fire today, Boris!
GDP will likely collapse due to this lack of government funding!
Hey Bart........fuck off......enjoy your time off!
But the ObamaCare Exchanges are open... and they are staffed as "essential". The CFTC is "non essential" I guess.
Boris is learn to understand central tenet of "Obamacare" is prohibition of pre-existence of medical condition... question for Amerika ZHer, what is pre-existence condition? If own home or car, and no insurance but is catch fire, is fire pre-existence condition? If insurance must cover pre-existence condition, why car driver or home owner buy insurance until AFTER have catch fire?
So..., if Amerika citizenry is smart, maybe not have insurance until medical incident, save money on premium, and wait until AFTER when need insurance? Maybe Amerika recognize "tragedy of commons" and flee mandatory health insurance regime in masse?
Hence requirement for insurance.
BTW, that is how COBRA works. You keep the signed letter ready and then when you need it, you send it in, it is retroactive (at least for the bridge period).
Boris is not specific refer to snake bite, but okay, so if bite by snake, your are THEN go and make purchase of insurance and receive anti-venom (but must hurry if cobra bite because time in blood stream is 4-8 hour).
da
We 'Merkans are clever, aren't we?
whoever thumbed down Boris has to be an idiot
Blythe and Jamie area bout to have a field day....
They always have a field day, where you been? They're TBTBR (too big to be regulated).
So, business as usual then.
In other words: business as usual.
You can say that again
Actually no. When the .gov were "working" they gave the optics of tacit approval that actions in markets were legal. Now, no tacit approval.
... and this will be different in what way?
This is fake................ right?
No, I think it's real. Everything else is fake.
Send him an email, see for yourself. :)
BChilton@cftc.gov
Yes, because regulators were actually doing something other than providing the thieving criminal banks cover when they were actually sitting at their desks. Now no cover. Seems the only people who have an incentive for the CFTC and SEC on the job are the fucking banks. Fuck You Bart! Burn in hell!
My god, if there are no regulators who is going to watch all of that porn? Surely we live in dark times, my friends.
Same as it ever was, same as it ever was...
HOLY SHIT!!! Without Bart we're all truly FUCKED!!!! How can the world continue to spin without Bart regulating the silver market??? Something illegal could happen.
Time to blow that whistle Bart.
History will call you an American hero, rather than zero.
Yes, where is the promised statement?
I guess zero pays better than hero.
Natural gas getting smacked up!
Hocus Pocus!
Hobbes: Don't forget...at midnight 'Opposite Day' is over, OK?
Calvin: 'Yes'
I like how he's peddling his wares on the end there.
There are some very good investments out there, even better then silver to be had.
I canot believe all the good news flowing from this company and the share price is this low.
The lack of eyes is the only thing I can figure.
easly a 10 bagger.
http://finance.yahoo.com/news/world-surveillance-groups-global-telesat-1...
Rolling Stones-Far Away Eyes
http://www.youtube.com/watch?v=TDnZBvCetQM
Fuck You Bart!!!! Not like you ever actually did your job anyway.....Go off yourself and take your minions with you!
Regulators..... Lol. They're either too stupid, too corrupt, or a combination of both to "regulate" markets.
He must be frustrated.
White HOuse Down
... the internet site:
http://homment.com/White-Down
Yeah cause there's NO WAY the CFTC has automated market monitoring/data aggregation software which can and will be used as evidence in any investigations it might begin at a future date, which it uses all the time regardless of staffing.
Nope, that's crazy.
Regulators don't look at markets when the government is open. Bart Chilton can suck a fart out of my Asshole. Overpaid self righteous monkey
the joke here is that anyone thinks it makes a difference
Vaccines - greatest quackery in history of medicine.
http://www.naturalnews.com/027239_vaccine_flu_vaccines.html#
The game plan remains the same: "Taking candy from a baby", except now there is no baby....
This guy is just incompetent
Thats the plan...have someone 'defend' the public, throw their hands up in frustration, bad hollywood style, then tell the public, look, youre on your own now.. NOW? WTF.. This it so it looks as if they tried to defend the public when it was, is, and will be a mob run country in the future
Bart is so tuned in to the markets and he does it with such stylish flair. he's got his finger on the pulse of Amerika and every silver trader knows that Bart is ESSENTIL in order to make sure that there is nothing illegal going on. Besides blonds and Bart have more fun.
How can things go on without them is beyond my imagination.
Who is going to feed the pandas?
that explains a lot...
Where is Andrew Maguire and Max Keiser tag teaming with the full PR frontal assault on this SOB?...
Time to get out the big guns including Peter Schiff to meet in front of the CFTC offices at a time and date to be announced on their business web sites in D.C. and NYC.
Let's make it another attempt at an OWS rally that works this time!
Chilton should be replaced by some big titty girl in a bikini. For all the difference he makes.
I'm hoping for a good smackdown in gold. Wanna buy some more! They can't keep it down forever. When the dollar is no longer the world's reserve currency it's to the moon with gold!
PARTY FUCKING DOWN! Barty boy off, I'm gonna sell a billion futures of something to some idiot.
As long as essential government services are fully functional (eg, Big-Airport, Big-MIC, Big-Ag, and Big-Fin) then the top 20% will be unaffected.
Keep that loot flowing boyz.
Bart better sneak into work and really fuck something up in the markets (more than usual). Otherwise people might notice that if the CFTC is shut down nothing really changes.
Hope ole Bart never has to do any time.
With hair like that, I figure the best he can hope for is that they don't take his dentures away from him.
This just means another 1000 tons will be moving east....as they are buying it all up today....and so goes the Comex....soon to be busted and out of metal..but still needing to deliver 1000´s of tons...good luck...the Asians will never sell it back to the West
No wonder both sides want the shutdown - gettin rich time here and no prying eyes.......
Here's an email I just left Bart. I hope he replies. He seems like a real nice guy.
Hey Bart, do you even have a CLUE what a JOKE you are? You should be arrested for theft for taking a salary for your job. What do you actually DO all day? Are you spending your days looking in the mirror and preening your golden locks? Ahahahahahahaha. Get a haircut you freak. And while you're at it, get a REAL job instead of ripping off the taxpayer with your lies. You're scum.
As a blondie, I find the fixation on Chilton's hair amusing.
Chilton lost the Batfight
Today's action is starting to make sense now.
Thanks Tyler.
List of agencies affected.
Sorry to drive any traffic to cnn, but it was the only good list I could find in a pinch.
Take special note of agencies you had no fucking idea even existed.
Take extra special note the many headed hydra which is the USDA.
http://www.cnn.com/interactive/2013/09/politics/government-shutdown-impa...
(Edited link to correct list)
Thanks for the link - this is both interesting and disturbing. Now I want to ask what hundreds of thousands of employees do over at Labor etc. Scary.....
Why, they suppress unemployment numbers....which they won't have to bother with now that they are on .gov vacay
Staycation
They could be called back to their non-essential stations at any minute!
"We're busy doing nothing,
working the whole day through,
trying to find lots of things not to do.
We're busy doing nothing,
isn't it just a crime?
We'd like to be unhappy
but we never do have the time."
Love CFTC
BARF,
What is your long hair really used for?
..just wonder'n
What is your long hair really used for?...
Friday night wrastlin? Probly go good with a stretch leotard.
what do the regulators do anyway
why will it be different now ?
Damn you all, stop interrupting my porn sessions.
Regards,
Barf Chillin
The NSA should be required to make public all Bart Chilton conversations and bank statements.
And...no difference at all.
Soon people will realize Bart is not needed.
How many others in government are useless?
.gov is closed but FED is still selling silver and gold
Anyone that signs emails with only their first initial in bold goes to the front of the guillotine line. Go ahead and steal my money but don't be an enormous douche while you do it.
Gold and Silver non-essentially monkey hammered today
Sequester that fuckin haircut
Bart Sympson is on the edge?
Bart Chilton To Commodities Traders: You Are On Your Own. (STILL)
LMFAO and Agreed. What a self serving piece of excrement, like the CfTC has been on the job for one day in the past decade ... or generation for that matter. Of the useless people and entities within the Federal Government, Chillton and his little group over at the CFTC get my vote for most worthless.
Bart is fearfull people will realize he's useless.
Another bureaucrat seat warmer.
"No regulators looking at markets due to government shut down."
In other words, same as yesterday and the day before that. The SEC does not put anyone in prison, so what good are regulations?
"...so what good are regulations?"
To protect your savings.
\http://theautomaticearth.com/index.php?option=com_kunena&func=view&catid...
Your Pension Is Under Attack From All Sides. Here's 10.
The fact this guy would even announce this makes him a dirtbag. Plus, when he gets back he won't review previous trading data for irregularities? He just admitted he is not doing his job. Not that WE didn't alredy know this... but at least he admitted it now.