not. http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme Read this bullshit. If even half of it were 10% true, the clown would be able to make millions trading it, and buy all the gold and silver he ever wanted. So would you. If there's manipulation, it aint this kind.
Its been a long time since I have been able to finish reading a zerohedge article. I used to spend the time to read it with an open mind now it just hurts my head. Always such a hard read.
Like a moth drawn to the light, or is it the mosquito to the bug zapper? In any event, apparently you just can't stop perusing ZH even after bashing it. Interesting. http://www.elitetrader.com/vb/showthread.php?s=&threadid=193244&highlight=zh
I look at it a lot less than you'd think . And when I do its always the same wrong headed paranoid bullshit. And you? They have caused huge losses to anyone that believed their negative view.
Its funny because when I first discovered ZH I thought I found an underground source for information not many people knew about but as time went on It seemed like a constant drudge report. I will admit though that I did enjoy when they were goin at it with CNBC.
You are probably right. A reader might think there might be a email from JPMorgan, but the volume signals Andrew Maguire described is not evidence. Perhaps he is hoping for a payday with the whistle blower windfall.
Don't you get it, if its not going up it must be a conspiracy! And whats with that short silver position JPM took over from Bear Stears they talk about. A real hoot.
It has been going up for a decade now. If it's manipulated to the downside even better. Icing on the cake.
Looks like the mainstream media is picking up on the manipulation story: http://jessescrossroadscafe.blogspot.com/2010/04/thanks-to-ny-post-for-breaking-ranks.html
Silver is a manipulated market without question. How does a price remain at $5 an ounce for 20 years and not rise with inflation. Silver will never go to $150 an ounce or gold at $5000 an ounce. What would happen to the dollar? The dollar would be completely destroyed.