JP Morgan Gets Away with Silver Manipulation

[link to www.marketslant.com]

less than 50%:

"We were personally active in the Silver market during this time of late 2010 through early 2011 and remember what happenned. During thin overnight hours, JPM was rumoured to be selling the contango in Silver spreads eventually forcing them into backwardation. This is unusual because when it happens in the normal course of events, it is because of a shortage of supply available for immediate delivery. There was no shortage. This was a backdoor short squeeze engineered by JPM to take out several well heeled and important players in the Silver spread market. False pretenses like, technological use, and the Gold/Silver Spread were used to justify what in our experienced opinion was manipulation under Blythe Masters watch. Blythe BTW is no longer at JPM.. Do the Math. Spread traders, Daniel, Shak and 2 others were carried out on stretchers as their positions were largely made up of spread positions with no real direction bias."

where are the silvertards? Just me?

Un-fucking-believable.

Silver is an alloy. JP Morgan got rich making silver.

Are you really surprised they were not prosecuted?

You do realize that too big to fail means too big to jail, right?

silver is not an alloy

unless of course the earth is flat too

then all bets are off

as the education system is one big lie

JPM Silver Ruling Overturned:

"US Appeals Court overturns Dismissal in Silver Rigging Case against JPMorgan"

"The Appeals court rejected Judge Engelmeyer’s claim that the plaintiffs did not prove JPMorgan made “uneconomic bids” in the silver forward’s markets."

"New Discovery May Win the Case for against JPMorgan"

"The New York 2nd U.S. Circuit Court of Appeals ruled yesterday that District Court Judge Engelmayer was in error when he dismissed the Silver price rigging lawsuits against JP Morgan. The appellate court felt that Engelmayer’s dismissal reasons amounted to “impermissible fact finding” and placed too high of a bar in concluding that plaintiffs had not adequately plead their case.

This reversal of the June, 2016 dismissal means the case will go back to the district court for further litigation. This also means the plaintiffs will ask for and receive more discovery. This can win the case for them."


Moran link: [link to www.marketslant.com (secure)]

(50% rule followed)

Looks cut and dry to me, according to the chart on your link.

Anybody think the Trump team will notice this and get involved?