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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Is silver being manipulated?

Posted on 13 May 2013

After a recent article I wrote about the potential of a silver bubble, I got a question about the behavior of JPMorgan Chase with regard to the silver market, specifically the allegation that the bank was actively involved in manipulating the silver market through a sizable short position. The basis of the question seemed to be a request to bring forth the issue and address how silver was trading as a result of JPMorgan’s activity and within the context of the global economy in general.
As of last December, the last major complaint against the bank was dismissed in a federal court, as well as by the Commodity Futures Trading Commission. That doesn’t mean that no wrongdoing occurred, but it does suggest that insufficient evidence exists to take the matter forward…………………………………..Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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