Is JP Morgan manipulating metals markets? Body Language.

Discussion in 'General Precious Metals Discussion' started by thefinn, Oct 24, 2017.

  1. thefinn

    thefinn Member

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    Thought you guys might like to see this.

     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    If there were they are not doing a good job, wish they get their act together and get it to $50 an ounce.
     
  3. SilverDJ

    SilverDJ Well-Known Member

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    Maybe they don't care which direction it's manipulated, as they make money either way?
    I doubt they are stackers waiting for one big payoff at the end.
     
  4. thefinn

    thefinn Member

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    Well when the banks were caught recently - they were shorting it.

    They know by their own computers where their own investors have their short positions set at, and just blow them up (and it usually translates to most other banks as people using technicals will come to the same conclusion regarding short/stop positions) and then put a long position up and watch it go up again.
     
  5. systematic

    systematic Well-Known Member

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    It is in the banks interest to keep the pm price down ... it keeps the masses in their paper ponzi scheme ...
     
  6. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Why would banks bother, lose money doing that, banks make money.
     
    mmm....shiney! likes this.
  7. systematic

    systematic Well-Known Member

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    That's right ... banks make money by keeping people in the paper ponzi scheme ...
     

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