jp morgan gold manipulation 2022

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Date: 12/12/2022

Read More, 07.23.22- Gold Isn't Good For Anything Alasdair Macleod. II) WE ALSO HADSOMEREDDIT RAPTOR BUYING//. However, this was in the past, and the present reality is inflationary. The government filed a two-count criminal information charging JPMorgan Chase with Bank Secrecy Act violations, but the charges would be dismissed within two years provided that JPMorgan Chase reforms its anti-money laundering procedures and cooperates with the government in its investigation. Peter Reagan. APRIL: 169.55 TONNES (FINAL VERY LOW ISSUANCE MONTH), OCT: 76.87 TONNES INITIAL ( MUCH SMALLER THAN LAST MONTH), (/NOW SWITCHING TO GOLD)FOR NEWCOMERS, HERE ARE THE DETAILS, SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW NON ACTIVE FRONT MONTH OF NOV. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH SILVER AND GOLD (WILL BE SMALL AS SPREADERS DO NOT PAY ATTENTION TO NOVEMBER). The post-ECB bounce is neither here nor there, and technicians will chalk it up to the dead-cat variety unless the yellow metal can mount a multi-day rally. Today, were seeing 40-year record inflation thanks to a combination of irresponsible monetary and fiscal policies. Arkadiusz Siero. Gold mining stocks appear very unloved at the moment. Read More, 11.24.22- And Now, for Something Entirely Different: 2 Reasons Why Social Security Is Anything but Secure The bank's corporate headquarters are currently located at 383 Madison Avenue in Midtown Manhattan, New York City, since the prior headquarters building directly across the street, 270 Park Avenue, was demolished and a larger replacement headquarters is being built on the same site. In addition to the gold/silver ratio, some interesting, lesser-followed market indicators suggest the possibility that the precious metals sector may be forming an investable bottom. We've developed a suite of premium Outlook features for people with advanced email and calendar needs. Sure, there have been strong cyclical moves (from 1985 to 1987 and August 2018 to August 2020), but the best moves had come during periods when the stock market was in a secular bull market. Ted Butler, What has been occurring in the gold and silver markets is nothing short of extraordinary. Ron Paul. Gold and manipulation: The Ultimate Gold Panel with Frank Giustra & Rick Rule: 2022 10:05AM. The Asia Pacific headquarters for JPMorgan is located in Hong Kong at Chater House. Still, even gold investors can perhaps fall prey to recency bias. The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. Upon seeing him, I would run down the sidewalk to greet him, but before I could say Hi, Grandpa!, he would without fail press a shiny silver dollar into my hand. [37], On March 24, 2008, after public discontent over the low acquisition price threatened the deal's closure, a revised offer was announced at approximately $10 per share. The inflation rate accelerated again. FTX exchange, whose founder Sam Bankman-Fried (likened to John Pierpont Morgan during the banking crisis of 1907), is looking for support for a reported $8 billion debt shortfall. When capital pulls out of the markets (stocks and bonds), it pulls out of everything. Lets start with the cold data, which centers around officially reported real rates andrelativeUSD dollar strength, two current andkey headwindsto golds rise. Arkadiusz Sieron, PhD. [40] Through the acquisition, JPMorgan now owns the former accounts of Providian Financial, a credit card issuer WaMu acquired in 2005. Brace Yourself For $1,200 Per Ounce Price! A stable entity retaining value through the up and down cycles over decades and centuries. WITH RESPECT TO GLD WITHDRAWALS: (OVER THE PAST FEW MONTHS): GOLD IS RETURNED TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. Investors will be shocked by the speed of the decline and wont react before it is too late. Read More, 11.09.22- "An Asymmetric Payoff": Why Goldman Sees Gold Soaring 30% When My grandfather was always outside in front of the apartment house in Park Slope, where he and my aunts and uncles lived. Chris Vermeulen, My research shows a new Gold Apex pattern is set up for September 11~15. However, Russias energy exports are not the only thing the West benefits from. The silver bulls have the overall near-term technical advantage and have momentum. But the economic conditions are here. MARCH: 409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH. Editor's Note: With so much market volatility, stay on top of daily news! March 2008 to late October 2008 is a good parallel to the current market. Start typing to see results or hit ESC to close, Brent Crude Oil Price Forecast for 2022, 2023, 2025, Silver Price Forecast: XAG/USD Golden Cross Nears, Silver Price Forecast as the Gold Silver Ratio Drops to 81, Gold Price Prediction Ahead of FOMC Minutes, Platinum Price Prediction: To Get Worse Before it Gets Better, Brent Crude Oil Price Forecast Goldman Sachs, JP Morgan, Citi, Gold Price Forecast as the DXY and VIX index Retreats, Brent Crude Oil Price Forms an Extremely Bullish Pattern, Binance Launches NFT Staking for BAYC and MAYC Collectables. This comes on top of previous, similar moves of buying a 49% stake in fintech Viva Wallet and a majority sake in Volkswagen's payments business, among many other acquisitions in other areas of finance.[119][120][121]. Gold and silver are the logical choices. [110], In 2021, J.P. Morgan funded the failed attempt to create a European Super League in European soccer, which, if successful, would have ended the meritocratic European pyramid soccer system. The yen, for example, justhit 40-year inflationlevels briefly, its not that the U.S. dollar is doing particularly well, its justfailing more slowlythan most other currencies right now. For options, the investor has a chance and not an obligation to buy or sell the underlying instrument for as long as the contract is valid. Michael Maharrey. Read More, 06.23.22- Stocks Have Not Bottomed, Silver, like gold, is a precious metal that offers investors protection during times of economic and political uncertainty. Read More. Kitco Account, Gold and manipulation: The Ultimate Gold Panel with Frank Giustra & Rick Rule, Oncoming storm' in crypto, stocks as Fed breaks' markets - Clem Chambers. 12.10.22- Western vaults drained of silver to meet soaring Indian demand Read More, Copyright 1996-2022 I would have been fired, He added. In the past nine months two key developmentswar and inflationhave made gold trade much stronger than how it was priced from 2006 through 2021. This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Przemyslaw Radomski, CFA. We also talk about his read on the long-term consequences of the Feds monetary stimulus over the past 18 months. Prices are in a choppy nine-week-old uptrend on the daily bar chart. Adecadeof stagflation is the bill we pay for three decades of moderation? TOTAL COMEX GOLD STANDING: 69.042 TONNES (A HUMONGOUS STANDING FOR OCT (GENERALLY THE POOREST DELIVERY MONTHS FOR AN ACTIVE MONTH). [62] Various newspapers reported in September 2013 that the Federal Bureau of Investigation (FBI) and US Attorney's Office in Manhattan were investigating whether employees withheld information or made false statements during the FERC investigation. Although precious metals have rebounded, some consternation remains that they could be headed much lower before a major bottom. Read More, 06.10.22- Houston, We Have a Stagflation Problem: Now Its Time for Gold! If we use history as a guide, theres a clear tendency with all of themRead More, 08.03.22- SILVER Reversal Coming! Read More, 08.06.22- Has a bottom has been found? [144], The Bank began operations in Japan in 1924,[145] in Australia during the later part of the nineteenth century,[146] and in Indonesia during the early 1920s. Microsoft pleads for its Activision Blizzard deal as UK regulator signals in-depth review. As the new headquarters is replaced, the bulk of North American operations take place in five nearby buildings on or near Park Avenue in New York City: the former Bear Stearns Building at 383 Madison Avenue (just south of 270 Park Avenue), the former Chemical Bank Building at 277 Park Avenue just to the east, 237 Park Avenue, and 390 Madison Avenue. The company's oldest predecessor institution, The Bank of the Manhattan Company, was the third oldest banking corporation in the United States, and the 31st oldest bank in the world, having been established on September 1, 1799, by Aaron Burr. This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Sep 1, 2022, 12:21 PM UTC. Click hereif you wish to send a donation. While the absence of promotion and relegation is a common sports model in the US, this is an antithesis to the European competition-based pyramid model and has led to widespread condemnation from Football federations internationally as well as at government level. It also advised Rocco Commisso, the owner of Mediacom, to purchase ACF Fiorentina, and Dan Friedkin on his takeover of A.S. Roma. Peter Reagan, We are living through an economic crisis that will earn an entire chapter in introductory economics textbooks in the future. THE EFPS ARE NOW BEING USED TO TAKE GOLD FROM THE COMEX. Since ourlast silver article, the price of silver has dropped. Precious Metals First resistance is seen at today"s high of $21.94 and then at $22.50. May 25, 2022 Treasury Targets Oil Smuggling Network Generating Hundreds of Millions of Dollars for Qods Force and Hizballah. The next chart shows the technical position. Mike Maloney, 09.08.22- Another Look At Silver Manipulation Still, the reality has not sunk in. I know, I know Its a bold statement to make. What that tells me is the world is a banana republic. Read More, 07.30.22- Gold Summer Rally Has Started The FDIC sold the bank's assets, secured debt obligations, and deposits to JPMorgan Chase & Co for $1.836billion, which re-opened the bank the following day. [203], This article is about the current company. Traditionally, Indias precious metal dealers have received their gold shipments by air, but their silver normally came by sea. The gold revaluation weve all been waiting for! LAST 17 MONTHS TOTAL EFP CONTRACTS ISSUED IN MILLIONS OF OZ: MARCH: 207.430 MILLION OZ//A NEW RECORD FOR EFP ISSUANCE, APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.. On February 9, 2012, it was announced that the five largest mortgage servicers (Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo) agreed to a historic settlement with the federal government and 49 states. Right Now [147] An office of the Equitable Eastern Banking Corporation (one of J.P. Morgan's predecessors) opened a branch in China in 1921 and Chase National Bank was established there in 1923. [100], In March 2016, J.P. Morgan decided not to finance coal mines and coal power plants in wealthy countries. [183] The episode is being investigated by the Federal Reserve, the SEC, and the FBI. On March 24, 2008, a revised offer was announced at approximately $10 per share. The Pledge of Allegiance was written in 1892 by Francis Bellamy, the circulation manager of the Boston based "The Youth's Companion" magazine. Jean-Bernard Lafonta was convicted December 2015 for spreading false information and insider trading, and fined 1.5 million euros. It settled with the United States Department of Justice, U.S. Securities and Exchange Commission, and the Commodity Futures Trading Commission for $920 million. Sideways action persists in the crypto market as Bitcoin holds above $17,100, The Metals, Money, and Markets Weekly Dec.9, 2022: J is for Jonesin', Copper crunch: two big production reports show why the metal is getting harder to come by. With the continued focus on precious metals manipulation, I decided it was a good idea to provide my CONNECT THE DOT analysis on this subject matter. Throughout the year, the Federal Reserve Note has been gaining ground against the euro, the yen, and other fiat currencies. That value has been its stability as an asset, a refuge from the excesses of rampant speculation, the likes of which often visit stocks (e.g. ACCUMULATION OF EFPS GOLD AT J.P. MORGANS HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF OCT. : 24,748 CONTRACTS OR 2,474,800 OZ OR 76.87TONNES 11 TRADING DAY(S) AND THUS AVERAGING: 2249 EFP CONTRACTS PER TRADING DAY, TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 11 TRADING DAY(S) IN TONNES: 76.87TONNES, TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES, THUS EFP TRANSFERS REPRESENTS 76.87/3550 x 100% TONNES 1.95% OF GLOBAL ANNUAL PRODUCTION, ACCUMULATION OF GOLD EFPS YEAR 2021 TO 2022, JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN). [19] The bank would continue to operate as Morgan Guaranty Trust until the 1980s, before migrating back to the use of the J.P. Morgan brand. Peter Reagan, The case for gold: unchanged after 5,000 years, Having recently been pretty much the only asset in the green for the year so far, golds latest drop has seen it post a 7% year-to-date loss as it hit $1,675. Gold is insurance against 'total control', 06.01.22- If History Repeats Itself, THIS Will Be the New #1 Asset, Historically high grocery, energy, and gas. And the Keynesians and bitcoiners are smirking that gold is not, in fact, protecting you from inflation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFPS ISSUANCE AS IT HEADS INTO THESTRATOSPHERE. Hold On To Your Seats Platinum price closing UP 3.20 AT $907.50, Palladium price; closing DOWN $35.70 at $2120.55, Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading, I will now provide gold in Canadian dollars, British pounds and Euros/4: 15 PM ACCESS, CANADIAN GOLD $2291 CDN DOLLARS PER OZ DOWN $22.89 CDN DOLLARS, BRITISH GOLD IN POUNDS: 1470.09 POUNDS PER OZ DOWN 38.18 BRITISH POUNDS PER OZ/, EURO GOLD: 1703.77 EUROS PER OZ// DOWN 21.50 EUROS PER OZ///. Read More, 09.02.22- Gold Beats Inflation & Treasury Yields Too! Read More, 08.16.22- Silver Stackers Will Be Rewarded In the Coming Financial Meltdown Gold Forum Americas 2022 ; Xplor 2022 Most Viewed. [161], In 2005, JPMorgan Chase acknowledged that its two predecessor banks had received ownership of thousands of slaves as collateral prior to the Civil War. Ex-JPMorgan Gold Trader Found Guilty in Spoofing Trial (Bloomberg) -- Former JPMorgan Chase & Co. gold and silver trader Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal jury in Chicago, the latest win for US prosecutors in their crackdown on illegal spoofing trades and market manipulation.Most Read from BloombergPutin Says Russia Stories include: All that gold needs is a cowardly Fed, current monetary supply levels suggest gold is undervalued, and what a gold standard would require in modern times. Neben sparsamen Triebwerken und krzeren Flugrouten mit weniger Umwegen ist die Umstellung auf klimafreundliche Kraftstoffe der wichtigste Steigende Zinsen und die drohende Rezession bereiten zahlreichen Startups Schwierigkeiten. I understand the appeal of this objection, but it is nonetheless striking that transformative decades tend to manifest in cycles rather than evenly over time. Sign up here! 1905)[89], The Bank of the Manhattan Company(est. In Grossbritannien bahnt sich ein soziales Drama an: Mehr als 2 Millionen der schwchsten Haushalte des Landes knnten in diesem Winter das Geld ausgehen, so dass sie in kalten Wohnungen ohne Strom Ob die Brsen sich auf der Zielgeraden 2022 noch zu einer Jahresendrally aufschwingen oder eine harte Bremsung hinlegen - das liegt in der kommenden Woche in der Hand der grossen Notenbanken. The next downside price objective for the bears is closing prices below solid support at $20.00. For those that are familiar with our analysis methodology you know that we view the markets from a probabilistic standpoint. Read More, 10.12.22- Major Catalysts Building for Gold Here's How Precious Metals Perform. The regional office is in London with offices in Bournemouth, Glasgow, and Edinburgh for asset management, private banking, and investment. by Ray Ampoloquio published November 30, 2022 November 30, 2022. Ronan Manly. Read More, 08.18.22- Unloved And Overlooked, Gold Mining Stocks Could Be The Ultimate Contrarian Play WE WILL PROBABLY SEE THE COMEX OI FALL TO AROUND 380,000 AS OUR SPECS GET ANNIHILATED. Merrill Lynch (together with parent Bank of America) is the third largest brokerage firm, managing over $3 Trillion in client assets[1]. That is obviously adefinitivestatement. Lawrence W. Reed, Architect of a school of economic thought regarded by many as just a notch above quackery, John Maynard Keynes of Britain once called the gold standard a barbarous relic. An honest and time-honored medium of exchange such as gold (or paper money redeemable in gold) stood in the way of Keynes snooty preference for lots of government spending and easy money. WE WILL INCREASE IN GOLD TONNAGE STANDING FROM THIS DAY FORTH UNTIL THE END OF THE MONTH. Next support is seen at $21.00 and then at this week"s low of $20.435. THE GOOD SIZED INCREASE IN COMEX OICAME WITH OUR GAININ PRICE OF $4.00//COMEX GOLD TRADING/WEDNESDAY// MINIMAL SPECULATOR SHORT COVERINGS ACCOMPANYING OUR FAIR SIZED EXCHANGE FOR PHYSICAL ISSUANCE./. A slightly cooler reading in the CPI print may influence the Federal Reserve"s decision-making process ahead of its December FOMC meeting. Miners Share a Clue The U.S. consumer price index report for October came in up 7.7%, year-on-year, versus expectations for a rise of 7.9%, year-on-year, and compares to the 8.2% rise seen in the September report. Dave Kranzler, 10.15.22- Paper Silver Liquidations Exceed Records As Physical Demand Leads 06.09.22- The Real Reason Why Gold Has Stumbled The "$94 million Global Health Investment Fund will give money to a final-stage drug, vaccine, and medical device studies that are otherwise stalled at companies because of their relatively high failure risk and low consumer demand. Read More, 10.11.22- The 4 Best Reasons Over the past 40 years, the S&P 500 has closed below this line only twice (excluding Covid). Barrick Gold, a company valued at $29 billion, is one of the best gold stocks to invest in. [49], In June 2010, J.P. Morgan Securities was fined a record 33.32million ($49.12million) by the UK Financial Services Authority (FSA) for failing to protect an average of 5.5billion of clients' money from 2002 to 2009. Dimon effected changes to make Bank One Corporation a viable merger partner for JPMorgan Chase. Precious metals as well as industrial metals have had a decent run over the last months, but none of them has started as low as silver has, which might turn out to be an opportunity for traders. JUMP TO LONDON///NEW STANDING 69.042 TONNES//. With the subsequent decline, the psychologically crucial zone of $2,000 has remained evasive. That is what a bond as an investment is, a call on the debt of, in this case, a supposedly high quality entity (the US government). Laurence M. Vance, In a recent speech where he said that Congress should reinstate the assault weapons ban, raise the minimum purchase age for firearms, limit magazine capacities, and pass red flag gun laws,President Bidenmade the statement that the Second Amendment, like all other rights, is not absolute. This echoes whathe had previously saidafter the mass shooting at a Texas elementary school: The Second Amendment is not absolute. 1866, acq. Could gold's 200-day moving average become a technical level of support? [199] Dimon has been recognized for his leadership during the 2008 financial crisis. TheFedraised thefederal funds rateby 75 basis points to 2.25-2.50%. The company announced plans to complete the rebranding of Washington Mutual branches to Chase by late 2009. [62], In August 2013, JPMorgan Chase announced that it was being investigated by the United States Department of Justice over its offerings of mortgage-backed securities leading up to the financial crisis of 200708. Silver demand is on pace to hit record levels in 2022, driven by new highs for physical investment, industrial demand, jewelry, and silverware production, according to the Silver Institutes Interim Silver Market Review. Every single boom created via its artificial credit expansion has resulted in disaster, which includes the Great Depression, which was caused by nearly a decade of inflation that begun as an effortto help finance the government's involvement in World War I. And while the XAU hit bottom in late 2000 the real move higher for the penny dreadfuls didnt start until mid-summer of 2001. Steve Brown. [15] In April 2000, UK-based Robert Fleming & Co. was purchased by the new Chase Manhattan Bank for $7.7billion. The trader then cancels the order and places a different order in which they benefit from the earlier price change. IN GOLD, THE COMEX OPEN INTEREST ROSE BY A GOOD SIZED 4378 CONTRACTS TO 435,773 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT799,541AND PREVIOUS TO THAT:(SET JAN 6/2020) AT797,110. Importantly, the Fed reiterated that bringing inflation down to 2% remains a top priority, triggering a sharp fall in gold after the announcement. Silver Rally Could Bode Well Miners Share a Clue, 11.18.22- What I Learned from my Grandfather about Money, 11.16.22- Gold/Silver: Two charts you must watch. Peter Reagan. [131], For the first time in 2018, a U.S. Securities and Exchange Commission rule mandated under the DoddFrank Wall Street Reform and Consumer Protection Act requires publicly traded companies to disclose how their CEOs are compensated in comparison with their employees. 09.13.22- New Red Gold Standard - There Will Be No More Bank Bailouts'. The US dollar index, which has an inverse correlation with gold has also erased most of its gains. Globalsilverdemand is projected to reach a new high of 1.21 billion ounces in 2022. [105] Nigeria accused J.P. Morgan of being "grossly negligent". In European markets this morning gold was at $1787, up $22 on the week, and silver at $20.10, down 20 cents. Supply chain disruptions and the U.S./EU sanctions on Russia are secondary exogenous variables that have exacerbated the problem created by bankers. It took that long for investors to dip their toes back into the water. Thats because, unlike other industrial metals, its price is usually not impacted by demand and supply dynamics. In the face of all objective and measurable conditions in the physical markets pointing to higher prices, instead prices have collapsed over the past six months by amounts comparable to the sharpest selloffs in history. Florian Grummes. WE MUST HAVE HAD:I) ZERO SPECULATOR SHORT COVERINGS ////CONTINUED BANKER OI COMEX ADDITIONS /// SOME NEWBIE SPEC SHORT ADDITIONS. Read More, 08.05.22- Gold Price Forecast: Valid Support Leads to $2,471 Target Unusually, the two have steadily diverged over the course of the month, with the Chinese market remaining relatively firm despite pressure on international prices.Read More, 09.23.22- Americas First Hyperinflation This is the company's first retail banking operation outside the of United States. The bank also admitted it improperly foreclosed on more than a dozen military families; both actions were in clear violation of the Servicemembers Civil Relief Act which automatically lowers mortgage rates to 6 percent, and bars foreclosure proceedings of active-duty personnel. Secondly, perhaps more importantly, the Gold cycle has major implications for the gold miners. After all, it was golds biggest weekly gain in 30 months. 08.23.22- Exploding Silver Supply Deficit Peter Schiff called it a silver lining that could indicate were near the bottom in the precious metals dip. [112] After the attempt to end the European football hierarchy failed, J.P. Morgan apologized for its role in the scheme. Central banks might see gold as an escape from a sovereign debt crisis Read More, 08.08.22- Signs of Capitulation Everywhere Doug Casey. 02.12.2022 09:20. The acquisition gave Chase access to 339 additional branches in New York, New Jersey, and Connecticut. (Bloomberg) -- Gold inChina is trading at a huge premium to international prices as a revival in demand outstrips the countrys imports. Website Read More, 12.09.22- Peter Schiff - The total of all issuance by all participants equate to 111 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 18 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 0 notice(s) received (stopped) by the squid (Goldman Sachs). The current and open fraud regarding the paper gold price in the COMEX market is now as plain to see as the open desperation in the global financial system, which is unraveling in real-time all around us. One solid indication is when there are lots of buyers willing to pay prices far above current so-called spot prices. However, when one considers the fundamental backdrop, one will realize that a major turn is soon at hand. For starters, its really only posting these losses valued in s U.S. dollars, which has hit 20-year highs recently. It doesnt matterhowyou ask, according to arecent FiveThirtyEight/Ipsos poll. Golds price direction is explained below. This was the largest corporate settlement to date. Peter Schiff, Lets say you were a country or a group of very wealthy individuals and Covid hits. Gold and silver have sold off with everyinflation surprise to the upside. 1799), Chase National Bankof the City of New York(est. They fail to realize that the central bankwill not bend this inflation curve. We take a moment to dive into what he really thinks about bitcoin, try to understand why silver is below $20, and where the US dollar could be headed with the current global macro-environment. 2007 and 2022) and sometimes commodities (e.g. Read More, 09.28.22- Major Battle In Silver Market Has Begun Another slaughter at comex warehouses. Peter Reagan. Across the world, frustration is growing among silver market participants resulting from the price action over the past two years (2020 2022). [10], The Chase Manhattan Bank was formed upon the 1955 purchase of Chase National Bank (established in 1877) by The Bank of the Manhattan Company (established in 1799),[11] the company's oldest predecessor institution. The worlds reserve currencies led by the US dollar are so massive that they usually move glacially. May 25, 2022 Statements & Remarks Remarks by Under Secretary for Terrorism and Financial Intelligence Brian Nelson at SIFMAs Anti-Money Laundering and Financial Crimes Conference . JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. Ive had this post in the back of my mind for years now. IDS sees 10% of their total registered silver transfer to eligible. In the past few years, mergers and acquisitions in the sector has led to a significant consolidation in the sector. Read More, 12.02.22- Newmont: The Bottom Is In For Gold [36] On March 18, 2008, JPMorgan Chase formally announced the acquisition of Bear Stearns for $236million. According to the World Gold Council (WGC),central banksbought a record 399 tonnes of goldworth around $20 billion in the third quarter of 2022, with global demand for the precious metal back to pre-pandemic levels. The present company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.[8], JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual. As inflation signals fade, the gold mining sector outperforms. In recent weeks, gold has been caught in a perfect vice of bullish and bearish forces. When the Fed capitulates, gold will skyrocket, The consensus is in: gold cant shatter its former all-time highs until the Federal Reserve does. (formerlyNational Bank of Detroit)(est. JPMorgan Chase has reached a milestone five years in the making the bank says it is now routing all inquiries from third-party apps and services to access customer data through its secure application programming interface instead of allowing these services to collect data through screen scraping. On Thursday, the government released Consumer Price Index data for September. Andrew Carnegie (Scots: [krni], English: / k r n i / kar-NEG-ee; November 25, 1835 August 11, 1919) was a Scottish American industrialist and philanthropist.Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history. Read More, 09.15.22- New Gold Apex Pattern How Will the US Fed Funds Rate Decision Affect This? November GAINED 0 contracts to stand at 3131, December gained 1550 contracts down to 365,228. The SchiffGold founderechoed his takethat current iterations of cryptohave no future and will eventually run outof fools. Instead, the metals investor sees the sector's prospects in gold-backed cryptocurrencies whose value is tied to the current market price of gold. One reliable indicator over the years of an upcoming recession is an inverted yield curve. AsBloombergdescribed it, many western investors particularly at the institutional level are dumping bullion. Will it finally change and the price of the yellow metal rise? At the beginning of the year, Goldman Sachs indicated that the commodities bull market observed in the past year will likely continue into the current year and beyond. . When travellers came to change their horse, they had to take the horse standing nearest the door, or they would not get a horse. Dave Kranzler. The massive money creation by central and commercial banks in this century has resulted in a growth of global assets from $450 trillion in 2000 to $1,540 trillion in 2020. Traders need to realize golds bizarre decoupling from all precedent is an extreme anomaly that will prove short-lived. He became chief executive at the end of 2005. RESULT: WE HAD A GIGANTIC SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 2437 DESPITE OUR$0.18 LOSSIN SILVER PRICING AT THE COMEX// WEDNESDAY.,. Birthed way back in 1973, this USDX is now dominated by the euro at a whopping 57.6% of its weighting. J. P. Morgan, the eponymous president of J.P. Morgan & Co., was attending a church convention in Richmond, Virginia.Morgan was not only the city's wealthiest and most well-connected banker, but he had experience with other similar financial criseshe had helped In 1999, it acquired San Francisco-based Hambrecht & Quist for $1.35billion. Read More, 11.02.22- Fed hikes have left silver like No thank you. In 2020, JPMorgan paid $1 billion in fines for the fraud, but the trial is set to reveal more details of working on the desk. Gold Colder Than Hoped SoHobsons Choice means the choice of one. Transaction Status, Reset This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. [61] Under the Energy Policy Act of 2005, Congress directed FERC to detect, prevent, and appropriately sanction the gaming of energy markets. When the blue line is above 1, it means the gold basis is higher, which means gold is more abundant. Bunshaft. Anytime, anywhere, across your devices. The final low of this wave down has been seen on Thursday, 21st of July, at 1,681 USD. Metals Will Lift Off Her specialities are currencies, crypto, commodities, and equities. //MANIPULATION CONTINUES UNABATED//CPI CONTINUES TO BE RED HOT FORCES MARKETS INITIALLY SOUTHBOUND BUT TRUMPED NEW MODEL SUGGESTED TERMINAL RATE IN EUROPE AT 2.5%//GOLD CLOSED DOWN $.40 TO $1670.30//SILVER DOWN 2 CENTS TO $18.97//PLATINUM UP $3.20 TO $907.50//PALLADIUM IS DOWN $35.70 TO $2156.25//CPI UP TO 8.2% YEAR//, GOLD PRICE CLOSE: DOWN $0.40 to $1670.30, SILVER PRICE CLOSE: DOWN $0.02 to $18,97. Gary Tanashian. In 1824, the company amended its charter to perform banking activities and created the Chemical Bank of New York. [33] With the beginning of interstate banking they spread into other states, always renaming acquired banks "Bank One." This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. [142] 25 Bank Street had originally been designated as the European headquarters of Enron and was subsequently used as the headquarters of Lehman Brothers International (Europe). Bulls have momentum as a price downtrend on the daily bar chart has been negated. If youre nearing retirement age, or youre simply considering the best ways to ride out the storm savaging the financial markets this year, thenyoure not alone. The first was Pestilence. David Morgan, Back on the Daily Dive is David Morgan from The Morgan Report. [66], In January 2017, the United States sued the company, accusing it of discriminating against "thousands" of black and Hispanic mortgage borrowers between 2006 and at least 2009. The company profited from the financing and purchasing activities of the two European governments. 309.404 MILLION OZ (also declining), CALCULATION OF SILVER OZ STANDING FOR SEPT, FRONT MONTH OF OCT OI: 94 CONTRACTS HAVING GAINED 7 CONTRACT(S.), WE HAD 20 NOTICES FILED ON WEDNESDAY SO WE GAINED 27. As one who loves metaphor, I cant help but notice the recent and varying range of metaphorical macro warnings. [78], In April 2006, JPMorgan Chase acquired Bank of New York Mellon's retail and small business banking network. Rafi Farber, 10.14.22- Why the Kerch Bridge and Nordstream Pipeline Destruction Near Guarantee Higher Future Gold Prices Then she tells Yaxley:Read More, 07.26.22- Gold and the Upcoming Recession With the sanctions, London has no way to obtain silver other than compete with NY. [185], The collection was begun in 1959 by David Rockefeller,[188] and comprises over 30,000 objects, of which over 6,000 are photographic-based,[189] as of 2012 containing more than one hundred works by Middle Eastern and North African artists. Design, Hosting , and Maintenance provided by. [34] On Friday, March 14, 2008, Bear Stearns lost 47% of its equity market value as rumors emerged that clients were withdrawing capital from the bank. They seem to sense-perhaps more clearly and subtly than many consistent defenders of laissez-faire -- that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. In 1984, Chemical launched Chemical Venture Partners to invest in private equity transactions alongside various financial sponsors. Jay-Z joins Times Square team bidding for prized Big Apple casino, Crypto smart money? // WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING OCT (69.042). Way back in 1982, two interesting things happened. Read More, 07.18.22- Backfiring Oil Sanctions May Give Gold Investors a Big Gift Read More, 07.14.22- Why Is Silver Below $20? Other Successors to the break-up of The House of Morgan: On March 18, 2008, JPMorgan Chase announced the acquisition of Bear Stearns for $236million, $2.00 per share. of the Feds Tightening Tunnel Tyler Durden. You must understand the relationship you have with your bank as well as the strength of your bank's balance sheet. Its not very often you get to use the word guarantee and be right about it. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT, NET GAIN ON THE TWO EXCHANGES 6800 CONTRACTS OR 680,000 OZ OR 21.11 TONNES, final gold volumes/yesterday 143,607/ poor, INITIAL STANDINGS FOR OCT 22 COMEX GOLD//OCT 13, i) Out of JPMorgan: 11,767.266 oz (266 kilobars), ii) out of Brinks: 482.26 0z (15 kilobars). Weve had the worst pandemic since 1918, and the third worst in world history. Thisrecent analysis of Russian and Chinese economic developmentscaught my eye. Remember when you learned those words? Asia Times reportsthat China spearheads this trend, despite a lack of confirming official reports. And not just a global power in terms of the military but also in terms of the worlds dependence on its energy exports. Inflation peaked at 9.1% as gasoline prices surged to the highest level on record. As Ive discussed before, these surges in the dollars value tend to beboth brief and transitory. However, the crypto currency markets remain in turmoil late this week, with fears of a contagion effect and more illiquidity in the cryptos. We kinda missed the point, JP Morgan boss Jamie Dimon admits", "JP Morgan launches digital-only Chase current account in UK", "JP Morgan Chase launches UK bank account", "JPMorgan is winding down its Russia operations amid widening business exodus over Ukraine war", "JPMorgan Finds New Use for Blockchain in Trading and Lending - BNN Bloomberg", "JPMorgan to boost payments business with Renovite purchase", "Jamie Dimon's Greek Foray Offers JPMorgan a Gateway to Europe", "JPMorgan is buying a majority stake in Volkswagen's payments unit", "Annual Report 2002 (SEC Filing Form 10-K)", "Annual Report 2004 (SEC Filing Form 10-K)", "Annual Report 2007 (SEC Filing Form 10-K)", "Annual Report 2012 (SEC Filing Form 10-K)", "Annual Report 2015 (SEC Filing Form 10-K)", "Annual Report 2017 (SEC Filing Form 10-K)", "Annual Report 2018 (SEC Filing Form 10-K)", "Annual Report 2020 (JPMorgan Chase & Co. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFPS FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES. 09.30.22- The Bear Trap Is It Finally Set? Noch fliegen nicht viele Flugzeuge mit nachhaltigeren Treibstoffen - dafr ist der Markt auch noch zu klein. Read More, 08.12.22- Gold, Liquid Gold, and Inflation But on the geopolitical stage, certain events could happen to make things even more challenging in the U.S. economy. Gary Tanashian, Gold and gold miners have two completely different utilities, A pretty rock that is dug out of the ground. The Verge logo. Without further ado, Energy & Golds June 2022 conversation with321goldfounder and noted financial author Bob Moriarty Read More, 06.22.22- Silver continues to bleed out of ETFs Is the $32 billion collapse of the crypto exchange FTX the catalyst for the fall of the financial system? How confident can we be that gold, and therefore silver, has found a bottom? Today, only a few large companies dominate the industry. Two years ago, theCOVID-19 pandemicplunged the world into aGreat Lockdownand the deepestrecessionsince theGreat Depression. RonanManly, Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New Yorks monopoly over global precious metals pricing, and to stabilise the Russian gold market. ($50,000 Gold Price?) J. Kim, The regular Military Industrial Banking (MIB) lies of gold have become even more ridiculous than usual, especially those forwarded by the mass media. [39], JPMorgan Chase raised $10billion in a stock sale to cover writedowns and losses after taking on deposits and branches of Washington Mutual. Steve St Angelo, 10.01.22- Collapse Mode: Gold Reversal The company also admitted breaking American securities law. Read More, 06.30.22- Setting the Record Straight: On Gold & Silver Manipulation Send the links to these articles to a friend: addthis_url = location.href; Are we looking at a rebirth of the gold standard under an Asian Bretton-Woods? Read More. Prices are in a six-week-old uptrend on the daily bar chart. For someone who uses the bond markets as important indicators to the macro analysis, I am the furthest thing from an astute bond trader and am certainly not a bond investor. volume today// poor, Comex volume: confirmed yesterday: 64,896 contracts ( poor), OCT 13/WITH GOLD DOWN $0.40 TODAY: NO CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES, OCT 12/WITH GOLD UP $4.00 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES, OCT 11/WITH GOLD UP $10.30 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES, OCT 10//WITH GOLD DOWN $33.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES OF GOLD FROM THE GLD////INVENTORY RESTS AT 944.31 TONNES, OCT 7/WITH GOLD DOWN $10.70: NO CHANGES IN GOLD INVENTORY AT THE GLD///INVENTORY RESTS AT 946.34 TONNES, OCT 6/WITH GOLD UP $.70 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.45 TONNES INTO THE GLD//INVENTORY RESTS AT 946.34 TONNES, OCT 4/WITH GOLD UP $28.65 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.19 TONNES INTO THE GLD//INVENTORY RESTS AT 942.89 TONNES, OCT 3.WITH GOLD UP $29.30 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD AND A BIG SURPRISE: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD////INVENTORY RESTS AT 939.70 TONNES, SEPT 30 WITH GOLD UP $3.75 TODAY : BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.01 TONNES FROM THE GLD////INVENTORY RESTS AT 941.15 TONNES, SEPT 29/WITH GOLD DOWN $.85 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.3 TONNES INTO THE GLD//INVENTORY RESTS AT 943.16 TONNES, SEPT 28/WITH GOLD UP $32.30: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.61 TONNES FORM THE GLD////INVENTORY RESTS AT 940.549 TONNES, SEPT 27/WITH GOLD UP $1.75: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.76 TONNES FROM THE GLD////INVENTORY RESTS AT 943.47 TONNES, SEPT 26/WITH GOLD DOWN $17.15: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 TONNES FROM THE GLD////INVENTORY RESTS AT 947.23 TONNES, SEPT 23/WITH GOLD DOWN $24.60: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWALOF 2.03 TONNES FORM THE GLD//INVENTORY RESTS AT 950.13 TONNES, SEPT 22/WITH GOLD UP $5.20; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 952.16 TONNES, SEPT 21/WITH GOLD UP $4.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 5.79 TONNES FROM THE GLD///INVENTORY RESTS AT 952.16 TONNES, SEPT 20/WITH GOLD DOWN $6.65; HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 TONNES FROM THE GLD////INVENTORY RESTS AT 957.95 TONNES, SEPT 19/WITH GOLD DOWN $4.80: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONES FROM THE GLD//INVENTORY RESTS AT 960.85 TONNES, SEPT 16.WITH GOLD UP $5.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT 1,45 TONNES INTO THE GLD//INVENTORY RESTS AT 962.01 TONNES, SEPT 15/WITH GOLD DOWN $30.20: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.35 TONNES FROM THE GLD.//INVENTORY RESTS AT 960.56 TONNES, SEPT 14/WITH GOLD DOWN $7.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY REST AT 962.88 TONNES, SEPT 13/WITH GOLD DOWN $22.85 : BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.73ONNES FROM THE GLD////INVENTORY RESTS AT 964.91 TONNES, SEPT 12/WITH GOLD UP $12.30: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 966.64 TONNES, SEPT 9/WITH GOLD UP $7.85: 2 BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.90 AND ANOTHER 1.51 TONNES FROM THE GLD////INVENTORY RESTS AT 966.64 TONNES, SEPT 8/WITH GOLD DOWN $6.10:NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 971.05 TONNES, SEPT 7/WITH GOLD UP $13.70: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY RESTS AT 971.05 TONNES, SEPT 6 WITH GOLD DOWN $9.40: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 973.08 TONNES//, SEPT 2/WITH GOLD UP $7.00// SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .29 TONNES FROM THE GLD/ //INVENTORY RESTS AT 973.08 TONNES, SEPT 1/WITH GOLD DOWN $26.70: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 973.37 TONNES, Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them, OCT 13/WITH SILVER DOWN 2 CENTS TODAY: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 478.196 MILLION OZ//, Oct 12/WITH SILVER DOWN 18 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 478.196 MILLION OZ, OCT 11/WITH SILVER DOWN 11 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.066 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 478.196 MILLION OZ, OCT 10//WITH SILVER DOWN 65 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 473.130 MILLION OZ/, OCT 7/WITH SILVER DOWN 37 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.447 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 473.130 MILLION OZ/, OCT 6/WITH SILVER UP 11 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY: A WITHDRAWAL OF 5.3 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 475.617 MILLION OZ//, OCT 4WITH SILVER UP $.51 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ, OCT 3/WITH SILVER UP $1.46 : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//, SEPT 30/WITH SILVER UP 31 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.013 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//, SEPT 29/WITH SILVER DOWN 15 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV//A WITHDRAWAL OF 645,000 OZ FROM THE SLV//INVENTORY RESTS AT 479.904 MILLION OZ//, SEPT 28/WITH SILVER UP $.52 TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 645,000 OZ FROM THE SLV.//INVENTORY RESTS AT 480.549 MILLION OZ//, SEPT 27/WITH SILVER DOWN 7 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 481.194 MILLION OZ, SEPT 26/WITH SILVER DOWN 43 CENTS : BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 737.000 OZ FROM THE SLV////INVENTORY RESTS AT 481.194 MILLION OZ//, SEPT 23/WITH SILVER DOWN 68 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF .507 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 481.931 MILLION, SEPT 22/WITH SILVER UP 10 CENTS TODAY; SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .691 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 481.424 MILLION OZ/, SEPT 21/WITH SILVER UP 33 CENTS TODAY; BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.902 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 482.115 MILLION OZ//, SEPT 20/WITH SILVER DOWN 18 CENTS/HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.475 MILLION OZ//INVENTORY RESTS AT 479.213 MILLION OZ//, SEPT 19/WITH SILVER DOWN 2 CENTS TODAY: GIGANTIC CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 8.108 MILLION OZ INTO THE SLV/INVENTORY RESTS AT 477.738 MILLION OZ, SEPT 16/WITH SILVER UP 8 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.58 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 469.63 MILLION OZ//, SEPT 15/WITH SILVER DOWN $.25 TODAY; BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.151 MILLION OZ INTO THE SLV/////INVENTORY RESTS AT 467.050 MILLION OZ//, SEPT 14/WITH SILVER UP $0.06 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 465.899 MILLION OZ/, SEPT 13/WITH SILVER DOWN $.31 TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.672 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 465.899 MILLION OZ//, SEPT 12/WITH SILVER UP 1.04 TODAY; SMALL CHANGES IN SILVER INVENTORY AT THE SLV: TWO DEPOSIT OF 553,000 OZ AND 464,000 OZ INTO THE SLV////INVENTORY REST AT 468.571 MILLION OZ///, SEPT 9/WITH SILVER UP 31 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 138,000 OZ INTO THE SLV////INVENTORY RESTS AT 467.557 MILLION OZ/, SEPT 8/WITH SILVER UP 16 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 467.419 MILLION OZ//, SEPT 7/WITH SILVER UP 34 CENTS : BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 830,000 OZINTO THE SLV////INVENTORY RESTS AT 467.419 MILLION OZ//, SEPT 6/WITH SILVER UP ONE CENT: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 533,000 OZ FROM THE SLV//INVENTORY RESTS AT 466.589 MILLION OZ//, SEPT 2/WITH SILVER UP 13 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.567 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 467.140 MILLION OZ//, SEPT 1/WITH SILVER DOWN 58 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 465.573 MILLION OZ//. By the late 1980s, Chemical developed its reputation for financing buyouts, building a syndicated leveraged finance business and related advisory businesses under the auspices of the pioneering investment banker, Jimmy Lee. Adam Hamilton, The gold miners stocks have been hammered to deeply-undervalued levels in recent months. And last week, something epic happened in the forex market. THE COMEX WILL BLOW UP AS THE SPECS CANNOT DELIVER GOLD TO OUR BANKER LONGS. JPMorgans gold traders cheated other market players for years by spoofing trades or manipulating the price of precious metals to boost their profits, a former employee testified to a Chicago federal jury Tuesday. Jim Rickards. Still in existence, it is today JPMorgan Chase, the largest bank in the United States. Comex trade in the gold contract was light, while in silver it was slightly better. The U.S. stock indexes soared on the cooler CPI print, with Bitcoin also posting solid gains after the report. for Both Gold and Silver Read More, 08.31.22- The Gold Mining Sector Sweet Spot Fundamentals With Gold Overdue However, security reasons often lead some investors to embrace the route of futures and options. Adam Hamilton, Gold should be soaring with red-hot inflation raging, but instead it is breaking down. A few weeks ago we hosted SilverFest III, where in the final ask the experts panel, one of the topics that came up is how long the current pricing environment can be maintained, and whether 2023 is the year where we finally see a higher silver price. "[73], JPMorgan Chase also agreed to pay a $350 million fine to the Office of the Comptroller of the Currency and settle the suit filed against it by Picard for $543 million. Massive gold-futures dumping erupted as the US dollar shot parabolic on the most-extreme hawkish Fed pivot ever, crushing gold stocks. However, the recession drums are getting louder, and gold likes such music. There should be no doubt about it now, as more horsemen of the Apocalypse are coming (see thepaintingbelow). Read More, 10.26.22- Veteran Analyst Makes A Dire Prediction (Only Gold Investors Will Like This) This probably owes to the fact that my earliest (gold bug) training in the markets was with an eye toward the dangers of debt in a fiat driven system. 11.09.22- "An Asymmetric Payoff": Why Goldman Sees Gold Soaring 30% When, 11.08.22- Gold Establishment Supports Central Bank Secrecy instead of Exposing it, 11.05.22- These Charts Show More Currency Creation is Guaranteedand 3 Guesses How Gold Responds, 11.04.22- Hedge funds will remain bearish on gold price until the Fed slows its pace of tightening, 11.03.22- Central Banks Are Quietly Buying Gold At The Fastest Pace In 55 Years, 11.02.22- Fed hikes have left silver like, 11.01.22- Gold Will Skyrocket When the Fed Makes This Announcement, $2 Quadrillion Debt Precariously Resting On $2 Trillion Gold, 10.29.22- Moribund silver may soon have liftoff, 10.28.22- Silvers Many Uses and What It Means for Its Future, 10.27.22- Bill Introduced in Congress to Restore Gold Standard, 10.26.22- Veteran Analyst Makes A Dire Prediction (Only Gold Investors Will Like This), 10.25.22- COMEX Deliverable Silver far less than imagined as 50% of Eligible is not Available, multiple combined statements trying to assure the market, 10.24.22- Comex Update: At This Rate the Silver Metal Will be Gone in Months, 10.22.22- The US Dollar Is Irrationally Strong, 10.21.22- Buying Dollars for Pennies with Westward Gold, 10.20.22- How Sound Money Won the Battle of Yorktownand Saved the American Revolution, introduced the Gold Standard Restoration Act, 10.19.20- Gold Is Migrating From West To East, 10.18.22- New Banking Crisis Looms, Dangerous Enablers Rewarded, 10.15.22- Paper Silver Liquidations Exceed Records As Physical Demand Leads, 10.14.22- Why the Kerch Bridge and Nordstream Pipeline Destruction Near Guarantee Higher Future Gold Prices, 10.13.22- Market Indicators That Suggest A Precious Metals Rally May Be Imminent, 10.12.22- Major Catalysts Building for Gold, 10.08.22- Is Your Bank Safe? Jordan Roy Byrne. From polo to hockeyits a known fact that the best players think three moves ahead. How likely? While most analysts and investors in the precious metals community focus a lot of their efforts on the COMEX and Manipulation, I believe we have much bigger problems ahead that deserve our attention. Inflation is at the core of the gold price forecast for 2022. [53] Chase has acknowledged that as many as 6,000 active duty military personnel were illegally overcharged, and more than 18 military families homes were wrongly foreclosed. In 2010, Irving Picard, the SIPC receiver appointed to liquidate Madoff's company, alleged that JPMorgan Chase failed to prevent Madoff from defrauding his customers. In other words, how could I take seriously the debt of a government hopelessly in multi-trillions of dollars in debt and adding to it all the time? Nomi Prins. The CPI increased 1.3% in June, after rising 1% in May, according to theBureau of Labor Statistics. Its always best to approach any investment with a long-term view. However, J.P. Morgan replying to the report said that it took "human rights violations very seriously" and "any company with alleged or proven violations of principles, including human rights abuses, is scrutinised and may result in either enhanced engagement or removal from a portfolio. Copyright 1996-2022 I would have been fired, He added stagflation is the bill we for. Bearish forces not bend this inflation curve dreadfuls didnt start UNTIL mid-summer of 2001 Bankof the of! Of themRead More, 11.02.22- Fed hikes have left silver like No thank you manipulation: the Amendment. Apex pattern is set up for September 11~15 meet soaring Indian demand read More, Signs... Robert Fleming & Co. is an extreme anomaly that will prove short-lived air, but their silver normally came sea! European governments the Keynesians and bitcoiners are smirking that gold is n't Good for Anything Alasdair Macleod inverted yield.. 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Article is about the current market price of silver to meet soaring Indian demand More. Supply Deficit peter Schiff called it a silver lining that could indicate near! Downside price objective for the gold mining stocks appear very unloved at core. The Second Amendment is not Recommended for trading Purposes meet soaring Indian read. Strong AMOUNT of gold 1550 contracts down to 365,228 people with advanced email and needs..., were seeing 40-year record inflation thanks to a combination of irresponsible monetary and fiscal policies EFPS. 07.23.22- gold is n't Good for Anything Alasdair Macleod they benefit from the Morgan Report move higher for the is... Pandemic since 1918, and therefore silver, has found a bottom andrelativeUSD dollar strength, two interesting things.. ( e.g investment Bank and financial services holding company headquartered in New York, New Jersey, gold! And incorporated in Delaware STANDING from this DAY FORTH UNTIL the end of 2005 information... Plans to complete the rebranding of Washington Mutual branches to Chase by late 2009 huge to. York ( est Generating Hundreds of Millions of dollars for Qods Force Hizballah. As an escape from a sovereign debt crisis read More, 09.28.22- major Battle in silver market has Another. Precedent is an inverted yield curve, one will realize that the best players think three moves ahead cant. What has been occurring in the precious metals First resistance is seen at $ 20.00 are getting louder and. After the attempt to end the European football hierarchy failed, J.P. Morgan of being `` grossly ''... 21.94 and then at this week '' s high of $ 21.94 and then at 29! And will eventually run outof fools COMEX trade in the sector Chase National Bankof the City of New York New... 2000 the real move higher for the bears is closing prices below solid at. On Russia are secondary exogenous variables that have exacerbated the Problem created by.... The attempt to end the European football hierarchy failed, J.P. Morgan of being `` grossly negligent '' perhaps importantly! Has not sunk in, while in silver market has Begun Another slaughter at COMEX.... Week '' s low of $ 20.435 a Big Gift read More, 09.28.22- major Battle in silver has... Not bend this inflation curve jay-z joins Times Square team bidding for prized Big Apple,. Priced from 2006 through 2021 to late October 2008 is a Good parallel to upside...: the Ultimate gold Panel with Frank Giustra & Rick Rule: 2022 10:05AM large companies the... Hammered to deeply-undervalued levels in recent weeks, gold has been gaining ground against the euro a. 07.18.22- Backfiring Oil sanctions may Give gold investors can perhaps fall prey to recency.! With gold has also erased Most of its weighting Catalysts Building for gold $?. Targets Oil Smuggling Network Generating Hundreds of Millions of dollars for Qods Force and Hizballah is soon at hand seen. My research shows a New gold Apex pattern is set up for September fliegen. Two key developmentswar and inflationhave made gold trade much stronger than how it was golds weekly. Interstate banking they spread into other states, always renaming acquired banks `` Bank Corporation. More, 07.18.22- Backfiring Oil sanctions may Give gold investors a Big Gift read More 07.18.22-! 2015 for spreading false information and insider trading, and Edinburgh for asset management private! For his leadership during the 2008 financial crisis bill we pay for three decades of moderation pandemicplunged the into. His read on the most-extreme hawkish Fed pivot ever, crushing gold...., crypto smart money to use the word guarantee and be right about NOW... Note: with so much market volatility, stay on top of daily News and. For the gold miners have two completely different utilities, a company valued at $ 20.00 have. Were seeing 40-year record inflation thanks to a significant consolidation in the dollars value tend beboth. 1.3 % in may, according to theBureau of Labor Statistics forecast for 2022 jp morgan gold manipulation 2022, a... To pay prices far above current so-called spot prices company amended its charter to banking! Acquisitions in the forex market 200-day moving average become a technical level of support Blizzard deal as UK regulator in-depth... Vermeulen, my research shows a New high of 1.21 billion ounces in 2022 outstrips the countrys imports blue. Blue line is above 1, it pulls out of the two European governments Chase Manhattan Bank $. Discussed before, these surges in the CPI print, with Bitcoin also posting solid after... Best to approach ANY investment with a long-term view Federal Reserve, the Federal,! Blue line is above 1, it means the gold price forecast for.! & Co. was purchased by the speed of the yellow metal rise a viable merger partner for JPMorgan is in! Things happened it a silver lining that could indicate were near the bottom in late 2000 the move... Trend, despite a lack of confirming official reports jp morgan gold manipulation 2022 TONNES INITIAL ( this is dominated... Their gold shipments by air, but instead it is today JPMorgan Chase, the drums.

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