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News Link • Precious Metals

Civil and Criminal Probes Into JPMorgan For Silver Manipulation

The probes are centering on whether or not JPMorgan, a top derivatives holder in precious metals, acted improperly to depress the price of silver, sources said. The Commodities Futures Trade Commission is looking into civil charges, and the Department of Justice's Antitrust Division is handling the criminal probe, according to sources, who did not wish to be identified due to the sensitive nature of the information. That JPMorgan (JPM) has somehow been involved in silver market manipulation has been the source of rumor and speculation for a long time.

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