If the CFTC discovered that the rigging of the monetary metals markets is essentially government policy, being conducted through intermediaries, then it would not be able to act against government agents.

By federal law, the Gold Exchange Act of 1934 specifically authorizes the US government to rig not only the gold market, but to rig any (financial) market surreptitiously through the Exchange Stabilization Fund.  If the CFTC has discovered that market rigging is taking place because of US government policy, then according to law there is nothing to be done about it.

via My Blog.


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