JP Morgan stacking physical silver, and manipulating the silver market.

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Using the RICO Act is one of the more interesting aspects of these charges. It allows the DoJ to follow the corruption throughout the organisation to charge anyone other people connected to the crime.
 
Using the RICO Act is one of the more interesting aspects of these charges. It allows the DoJ to follow the corruption throughout the organisation to charge anyone other people connected to the crime.

Yes, like the *(alleged) people *(allegedly) involved smuggling DRUGS *(allegedly) aboard the *(alleged) J.P. MORGUE ship. Another one *(allegedly).

*There SilverStackers. I've covered yours & my @$$E$. _JLG.
 
So the pricing fluctuations we have been seeing is the non-manipulated normal state of the market that we should be seeing? lol. Assuming they stopped what they were doing....

Do you think they are the only manipulative player?
It's probably a pissing contest at the local fund manager pub get-together.
 
The movements have been so big (up and down) in recent times... any old timers care to comment on whether this was similar to what appeared to happened around 2011 or anyone care to comment on why we are seeing such large fluctuations in silver price? IMO there are many forces at work and the trade war and associated positive or negative comments are certainly one impact. The restart of QE (do not call it QE) should also be the reason behind a violent move upwards but again maybe this is simply about the right timing i.e. the move generally from here must be northwards and significantly so but the real question is over what time frame will this play out?
 
JP Morgan has allegedly been buying physical silver and are now the Worlds biggets owner of physical silver. It is hard to find out exatly how much the have, because the ammount varies depending on what website you are reading. It appears nobody really knows how much silver JP Morgan actually has stored, but we can asume it is alot.

Further more we can read that JP Morgan, while buying psysical silver at the same time has shortet and manipulated silverfutures/contracts to drive the Price down.
That makes sence, that JP Morgan has shortet the papersilver Price down, so the can buy physical silver at low prices.

But now my question, if this is such an openly public known thing, why Arent the police doing something about it?
We know for at fact that the silverprice hasd been manipulated down, when we see suddenly millions of silvercontracts beeing dumped into the market. The reason for this can only be to push the Price down, otherwise you would sell your silvercontracts in small portions over days, to keep the Price from dropping, so you can make the most Money, like any other normal investor would do.

And now the Next question: What is JP Morgans strategy? Are they stacking physical silver in order to acumulate Cash to better be able to face the NexT finansial crisis, such as the new Laws require all banks to do after the last crisis in 2007/8?

Or is it a purly speculative move, where they short the prices down whilpe buying cheap physical silver. And when they have enough, they end their short positions and let the prices rise so they can sell their physical silver?

If they are speculating to make Money, we can asume that its just at matter of time before they will let the silverprice loose and let it rise?

Looks like JP Morgan is being prosecuted for "Muh manipulation"
https://www.indigopreciousmetals.com/files?file=28&token=58321

Michael Nowak, head of precious metals trading, was charged on Monday along with two colleagues, Gregg Smith and Christopher Jordan, on federal racketeering charges normally used to take down organised crime
syndicates. September 16, 2019

As you may or may not be aware, the USA Justice Department’s landmark criminal indictments against further additional precious metals traders just a few weeks ago, which now involves the global big boy - JPMorgan.
One of the individuals is none other than the head of global metals trading for JPM.
The charges involve market manipulation that extends back for nearly a decade. More severely the Justice Department invoked the Racketeering and Corrupt Organization Act (RICO) referring to the pattern of wrongdoing at JPMorgan as that of a criminal enterprise.

At this point, the banks have been exposed engineering sell-off’s by various means in the paper prices driving precious metal prices lower, they are now having to do it in full view of a government investigation into precious metals price manipulation. These institutions will of course attempt to extricate themselves out of their ‘unviable short paper’ positions.

It has been a long time between drinks for stackers, but he puts a case now that silver is going to have a decent rally, for this reason.

Unlike a lot of the useless "forecasters" that really are palm reading sophists, the writer of that article correctly identified the rhodium rise at the nadir and accurately described the opportunity without sensationalism.
https://www.indigopreciousmetals.com/news/rhodium-investment-opportunity-2016/
 
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