|To: GROUND ZERO™ who wrote (32326)||5/17/2012 8:02:13 PM|
|From: Challo Jeregy||3 Recommendations  Read Replies (3) | Respond to of 50736|
|The Crimes of JP Morgan Chase Bank|
. . . . . . What many people are not aware of outside of precious metals commodity trading circles is JP Morgan's well known total dominance in the gold and silver sectors.
I have made it my main purpose, for the last 5 years, to follow open interest positions on the Commodities Exchange, Inc, also known as the COMEX. COMEX open interest is reported each week from Tuesday afternoon, at closing, to the following Tuesday afternoon, at closing, in New York.
Last year, I acquired a historical database that goes back for decades for which I have built an enterprise warehouse model on top of it for analysis of trading by the various traders and their patterns.
What I saw last week, in gold, stunned me. . . . . .
. . . . . . . The implication I am drawing is that JP Morgan is illegally manipulating the gold market downward in an effort to reduce their short positions and I believe they may have a large speculator helping them do it. For months now the price of gold has been falling and it is well known the commercial banks are causing this manipulation. It has long been theorized they have "help" in their manipulations amongst themselves and that is illegal, by law. . . . .