Rico Charges Dropped On Silver Manipulation Trial

Published: Sun, 08/14/22

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Rico Charges Dropped On Silver Manipulation Trial

Three former JPMorgan Chase & Co (JPM.N) employees were acquitted of racketeering and conspiracy charges in a landmark precious metals manipulation trial on Wednesday, although former head of the JPMorgan Chase & Co. precious-metals business and his top gold trader were convicted on charges they manipulated (spoofed) the markets for years.

Spoofing involves placing and then quickly canceling orders to falsely create the impression of high demand or supply. The defendants were accused of using the tactic to manipulate futures on precious metals futures between 2008 and 2016.

While this can be hailed that the convictions send a clear signal that Wall Street executives may not be above the law, it certainly underscores the fact that banks get away with a slap on the wrist. 
 

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WHY YOU NEED THE MORGAN REPORT NOW?W?

A STORM IS BREWING AS THE GOVERNMENT CONTINUES TO TRY AND PRINT THEIR WAY TO PROSPERITY. THEY WILL CONTINUE THIS RECKLESS SPENDING UNTIL THE WHEELS FALL OFF AND YOU'RE LEFT HOLDING THE BAG.

Most of you are still going about life, business, investing, and retirement planning...

As if nothing unusual has happened to our financial system.

And few seem to realize the repercussions of the $11 TRILLION that’s been pumped into the U.S. financial system in the past 18 months.

So consider this your final wake-up call.

When the economy crumbles, everyone will run to Gold and Silver.

And given the almost 1 trillion dollars in printing each month, I am convinced that silver will soon explode in price in a manner of unprecedented proportions.

Continuing to print money to support deficit spending always ends badly.

You'll want to already be in when this happens because when it does... you'll be way too late!

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