JP Morgan Is "Dominating" Gold And Silver Prices

December 3, 2020
MBA, Market Analyst & Author @ The Mining Stock Journal

Despite recently being fined $920M for manipulating the gold and silver markets, a recent Reuters article mentioned how J.P. Morgan’s precious metals desk just had great earnings and is "dominating" the market.

Especially given that the Department of Justice even went as far as to label the banks’ gold and silver unit as a "criminal enterprise," is it really a good thing to hear the bank is dominating the market again?

To find out, click to watch the video now!

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Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 

Nevada accounts for 75% of U.S. gold production.

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