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<p>[QUOTE=&quot;jolumoga, post: 1859628, member: 41780&quot;]I don&#039;t think Ted is being contradictory.&nbsp; As I have pointed out, markets are manipulated, probably in very illegal ways, though I know that assumption is disputed here.&nbsp; This manipulation works both directions of the market -- up and down.&nbsp; What he is saying is that JPM&#039;s activities are manipulative, whether bearish or bullish on PMs.&nbsp; I also get the vibe that the banks are now secretly long PMs, though their analysts are publicly bearish on them.&nbsp; It&#039;s an understandable tactic to get PMs at low prices.&nbsp; It&#039;s similar to the Chinese buying massive quantities of gold and trying not to report it.[/QUOTE]</p><p><br /></p>

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