JPMorgan traders went to federal prison for spoofing (2008–2016). Regulators prosecuted eight banks (2016–2023). Then the 2025 rally to $83/oz showed what happens when supply deficits meet a previousl
Awesome stuff. I've saved a copy to give people. They still to this day think that metal market manipulation was just the odd bad apple not the whole industry. Now I can show them this.
They made billions spoofing the "paper" metals market and got fined a measly billion and, afaik, nobody was held criminally responsible for the devastation and imbalance they wrought.
They will continue to rig the markets unimpeded because the ill-gotten profits they reap overshadow the sham "penalties."
Regulators are worthless and the governments are complicit.
Awesome stuff. I've saved a copy to give people. They still to this day think that metal market manipulation was just the odd bad apple not the whole industry. Now I can show them this.
Thanks
Where was the media?
They made billions spoofing the "paper" metals market and got fined a measly billion and, afaik, nobody was held criminally responsible for the devastation and imbalance they wrought.
They will continue to rig the markets unimpeded because the ill-gotten profits they reap overshadow the sham "penalties."
Regulators are worthless and the governments are complicit.
Is there any truth to the JP Morgan being short 6 billion physical ounces of silver?
I believe it to be true as I so many articles on that.