No, the article confuses Open Market Operations via the SOMA and seasonal liquidity injections with the silver market. I could just as easily say the injections of $$$ were meant to expedite more baseball FA signings this off-season. BTW, Jamie Dimon is a great CEO.
************************************** "...the company revealed it is on the hook to deliver more than 5,900 tons of silver it doesn’t have..." DCReport ****************************************** This is not the case? ^
If you have a better CEO in banking, go ahead name him or her. JPM is the gold standard of banks....like Chemical Bank was referred to as "Old Bullion" in the 19th and early-20th centuries. Stock has outperformed 99% of all publicly traded banks, despite being the largest.