JP Morgan Has Cornered the Silver Market via Manipulation

Excerpt:

In 2008, the US Treasury and Federal Reserve asked JP Morgan to take over the failing investment bank, Bear Stearns. What many people don’t know is that Bear Stearns held the largest short positions in COMEX gold and silver. Upon taking over Bear Stearns, JP Morgan inherited the role as the metals’ largest short seller.

According to CFTC data, JP Morgan maintained these positions while concentrating its efforts on the silver market. Before long, JP Morgan became a dominant force in silver, able to exert significant influence on silver pricing.

JP Morgan’s resources were so large that they were able to sell nearly unlimited quantities of silver futures even as prices rose, and buying them back as they plunged. As a result, JP Morgan made a profit amounting to hundreds of millions immediately after the Bear Stearns takeover.

https://gsiexchange.com/jp-morgan-cornered-silver-market/