Emergency Stabilisation Fund

[celticwarrior]

Hi all,
Found this interesting. Please share
CW
j61dWtJrsgY

[ponda]

Very interesting video and thanks for posting.


Here's the link spoken about in the video.It has links to a few videos and lots of info etc

http://www.marketskeptics.com/2011/06/the-esf-and-its-history.html



More info on the "Exchange Stabilization Fund"


http://www.youtube.com/watch?v=y-GdH2ABlZY


Published on Sep 28, 2013

http://www.larsschall.com/2013/09/28/...

In a new edition of their Organized Crime / Banking At Its Finest Show, Canadian financial analyst Rob Kirby and German financial journalist Lars Schall discuss this week's dismissal by the U.S. Commodity Futures Trading Commission of complaints about manipulation of the silver market. In particular, Kirby and Schall focus on a powerful entity that is rarely mentioned in financial mainstream journalism, if at all: the Exchange Stabilization Fund.

By Lars Schall

For the comment made by GATA's Chris Powell, that gets mentioned in this edition of The Organized Crime / Banking At Its Finest Show, see here ( http://www.gata.org/node/13059 ). Moreover, here ( http://www.marketskeptics.com/2011/06... ) you can find the 5-part video series on the U.S. Treasury's Exchange Stabilization Fund (ESF) that Kirby is referring to at Eric de Carbonnel's web site, MarketSkeptics.com.

Rob Kirby wants to add to the statements that you're about to hear, in summary: "If the CFTC admitted that the ESF is intervening in markets to the extent they are -- the implications would be THAT WE NO LONGER HAVE REAL MARKETS -- PERIOD. Hence, they hear and see NOTHING."