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Silver Price Manipulation

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Silver Price Manipulation

Silver Price Manipulation by central banks and governments around the world.

Crash JP Morgan Buy Silver

End the Fed

Ron Paul 2012

The key to understanding the manipulation of the gold and silver market, this enormous scandal and fraud, is that it can be compared to a murder trial. In the United States a murderer can be put to death if he is found guilty beyond a reasonable doubt. Many times murder defendants are convicted based solely on "circumstantial" evidence because a reasonable person could reach no conclusion other than guilty.

For seven years GATA has discovered one piece of evidence after another supporting our long-held contention that the gold market is managed by certain central banks and their agents, the bullion banks. It is a price-fixing case involving some very powerful people and institutions %u2026 in fact it is a Gold Cartel. The U.S. attorney handling the Samsung conspiracy conviction said in an interview this fall that the United States had experienced an "epidemic" of price-fixing cases in the late 1990s. All GATA has done is uncovered one of them, the grandest of all.

Silver Manipulation

The United States Department of Justice's Antitrust Division and the CFTC are conducting civil and criminal probes steming from a New York Post article concerning Maguire's allegations.[14] Following publication of the article, JPMorgan released a statement that they are not under investigation by the Department of Justice or the CFTC.[14] The CFTC has interviewed 32 people and reviewed 40,000 documents, but as of May 2011, no action has been taken.[10] On February 24, 2011, in less than an hour, the price of silver fell $1.50 per ounce before recovering.[10] Another London-based trader, Richard Guthrie, wrote to Chilton to complain about the event, asking "How many investors lost money and positions to the financial benefit of an elite few?"[10] Chilton believes violations of the law have taken place and wants to see prosecutions move forward,[10] but the five-member commission has yet to act.

Crash JP Morgan Buy Silver

Max Keiser has labeled JP Morgan "the biggest financial terrorist on Wall St", in relation to their alleged manipulation of the price of silver.[31] Keiser has started a campaign called "Crash JP Morgan buy silver",[32][33][34] where people buy silver, thus raising its price and leaving JP Morgan with a huge short position to cover, the margin of which are collateralized by JP Morgan's own stock price, bankrupting itself. Based on the collateralization of silver by the price of its shares, and, of course, his allegation that JP Morgan's position is an overwhelmingly large naked short position, Keiser predicted that the a per ounce silver price exceeding JP Morgan's stock price will not only crash JP Morgan, but unsettle the underpinnings of the dollar, which he claims are essentially confetti. However, Max Keiser's prediction that JP Morgan would go bust if Silver hit 47 dollars has failed to materialise, drawing criticism from the financial community.