$30 support, page-16

  1. 1,889 Posts.
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    In answer to your question Malaz, the corrupt and manipulative trading habits of JPMorgan, is catered for by trades in London. The money JPM makes by trading both long and short in the one day, is staggering compared to simply letting the market drive the price higher. I understand JPM put in a bid for the Londom metal exchange. That would mean they not only rule the roost (scam) in the US through the Chicago Metal Exchange, they could pull their manipulative stings in London as well.

    I guess when the total global silver market is akin to the market cap of the ANZ bank, they can get away with this fraud. It will be interesting to see how Sprott's venture and resulting 9-10mil oz required bullion purchase will affect the silver price and supply of future silver deliveries.

    The JPMorgan racket cannot continue. The market will eventually rule and silver will go hyper-parabolic!
 
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