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<p>[QUOTE=&quot;GoldFinger1969, post: 26615049, member: 73489&quot;]The &quot;spoofing&quot; was individual traders.&nbsp; It doesn&#039;t affect the long-term price of silver.&nbsp; JPM doesn&#039;t speculate in commodities or PMs...the regulators would have the CEO hauled off.</p><p><br /></p><p>They weren&#039;t stockpiling silver, they were placing long and short positions for clients as a custodian.</p><p><br /></p><p>Their profits from PM trading are &lt;1% of the bank&#039;s total.&nbsp; They haven&#039;t earned $1 trillion in total profits unless you go back to about 2005, maybe earlier.</p><p><br /></p><p>If all those activities you cite are so bad -- and the longs do the same thing, BTW -- <i>then how come the price is moving up NOW ?&nbsp; How come it moved up in 2011-12....and then collapsed for a decade ?</i></p><p><br /></p><p>Maybe the markets move on their own, and with only a few excptions with a big player (i.e., China, a large hedge fund, Tesla, etc.)...they reflect fairly what supply and demand want, huh ?[/QUOTE]</p><p><br /></p>

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