How the Ruling Elite Play the Naive for Chumps: Gold and Silver Manipulation

Wednesday, December 18th, 2013

by For over a decade now, allegations of JP Morgan manipulating the price of paper silver have persisted only to have Jamie Dimon and Blythe Masters firmly deny every allegation. In recent years, CFTC Commissioner Bart Chilton had also publicly stated his frustration with manipulation of silver prices, though he was always very careful never […]

History Repeats Itself: Silver Futures Manipulation in 2011 Mimics Gold Futures Manipulation in 2008

Thursday, May 12th, 2011

by   Above, we see a continuous 48-hour chart for silver from May 10 to May 11, 2011. You will notice in Asia, on May 11, that from the previous close on the New York Globex, silver futures rose nearly +2.5% . Then, after New York opens on May 11, silver precipitously tumbles to a […]

The True Reason Behind the CFTC’s Revocation of Exemptions in Position Limits in Wheat, Corn, and Soybeans

Tuesday, August 25th, 2009

by Last week, many analysts that were looking for some clue as to whether the CFTC will establish reasonable position limits in gold/silver futures markets and additionally not grant bullion banks (i.e. HSBC and JP Morgan) exemptions to these position limits in the near future were encouraged by the below CFTC press release. Washington, DC […]

Will CFTC Chairman Gary Gensler Really Curb Manipulation Schemes in the Futures Markets, or is it Another Smoke & Mirrors Game?

Friday, July 10th, 2009

by Several days ago, various news agencies reported on a plan advocated by Commodity Futures Trading Commission chairman Gary Gensler to significantly curb manipulation schemes executed by big banks in the commodities futures markets through new regulations that will assign and enforce limits on positions held by these firms. Though decades late, such new regulations, […]

JS Kim Uncovers Four Parallel Markets for Gold: Asia Futures, NY Futures, Physical Bullion, Physical Coins

Thursday, October 16th, 2008

by 16 October 2008 Today there have been four distinctly and differently priced markets established for gold: (1) Futures markets in Asia that consistently establish prices $20 an ounce to $60 an ounce higher than the prices established in (2) Futures markets in New York; (3) Physical bullion bars that dealers are starting to price […]