iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,434 Blog Posts

ATTENTION RETARDED SILVER TRADERS OF AMERICA

You’ve lost your minds, because this, clearly, is a big lie. As we speak, the JP Morgan conspiracy to make silver free grows bigger.

U.S. District Judge Robert Patterson in Manhattan said the investors, who bought and sold COMEX silver futures and options contracts, failed to show that JPMorgan manipulated prices at their expense, including by amassing huge short positions that were not justified by market events at the time.

In a decision made public on Monday, Patterson said that while the investors showed that JPMorgan had the ability to influence prices, a fact the bank did not dispute, they failed to show that the bank “intended to cause artificial prices to exist” and acted accordingly.

A lawyer for the investors did not immediately respond to a request for comment.

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17 comments

  1. metalleg

    1. The silver price on the COMEX is indeed manipulated.

    2. I have often been accused of being retarded.

    The above two statements are mutually exclusive.

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  2. Mr. Partridge

    This was not JCP but some Cyprus bank… developing…

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  3. Mr. Partridge

    I have a proof too, but half of this paper is in Greek and half in Turkish.. I cannot read them, but Jamie assured me it’s the proof, I believe.

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  4. Juice

    didn’t OJ win his court case?

    that said, when you lose, may as well blame JPM, it can’t be that you’re retarded, were wrong or just made a mistake … just ask Gary Savage, aka QE4 gold/silver manipulation conspiracy central

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  5. Mr. Partridge

    Japanese market +250 out of the gates EWJ 🙂

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  6. Mr. Peacock

    I only talk about my stocks & ETFs After they’re profitable.

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  7. Marty Bastard

    What is an “artificial price,” in any event? If they have the financial ability to short the hell out of silver, why can’t they do it? They’d lose their ass if they did that and a big buyer came in the market.

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  8. Mr. Partridge

    Did anyone noticed ILF, apparently Latin America is in trouble and they don’t even have Cyprus to talk about.

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    • The Fly

      Latin America has been in trouble since Cortes.

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      • Mr. Partridge

        Cyprus has been in trouble since Putin opened his accounts in two banks there… WTF is wrong with this conquistadors?

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  9. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Retard here….Silver is as silver does. Sames goes with other golds.

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  10. Patrick

    Gold and silver will bottom when there are no more ads to buy on foxbiz/news channels.

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  11. samiam

    Hey dawg, is VHC going to zero or is there life in this bitch?

    What about CALL, what happened to that POS?

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