A subscriber just sent me the compensation stats on our recently unemployed head of the CME Craig Donohue. Here's his payout for 5 years of criminal silver market rigging from 2004-2009...
http://www.forbes.com/lists/2009/12/best-boss-09_Craig-S-Donohue_IA5J.html
2009 Total Compensation
$6.86 mil
5-Year Compensation Total
$43.60 mil
$47M for a 5 year crime spree assisting the silver manipulators run rampant over the free markets! I guess crime does pay.
Wait...he only made $3M last year and his "severance check" is only $770,000 so I guess crime STOPPED PAYING!
You can run "Craigy Boy" but you can't hide. Watch for a high profile "perp walk" on this Bad Guy.
While we're on the subject of the "CRIMEX": There is word out that the CME will raise margin requirements again on gold and silver Monday in order to "live up to the new CFTC requirements". This should give more cover to JPM to try to mess with the market so be prepared for crazy volatility next week. The only market participants effected by raising margin requirements are the little guys who can't raise more capital.
AS ALWAYS: My advice is to GET OUT OF THEIR SYSTEM! Sit tight with physical in a your own possession. Price does NOT matter at this point in the game. Again, if the price falls below $30 watch for retail silver to disappear.
So "sit tight and be right".
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
