Manipulating silver investors: The JP Morgan verdict, spoofing, and silver inventories
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
CPM Group's Jeffery Christian discusses the verdicts in the JP Morgan spoofing case, what they reveal, and what they mean for metals markets.
He also puts the recent declines in London and New York silver inventories into perspective, highlighting and refuting various inaccurate interpretations of the drop in stocks. The relationship between reported market inventory levels and silver prices is also shown to be much different from what promoters would have investors believe.