What are the implications of jews at JP Morgan and Merrill Lynch among others being found guilty of manipulation of the prices of gold and silver? Will prices change or will other jews keep jewing us by other means?
Jews Convicted of Manipulation of Precious Metals
Ryan Butler
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Josiah King
>(Bloomberg) -- The former head of the JPMorgan Chase & Co. precious-metals business and his top gold trader were convicted in Chicago on charges they manipulated markets for years, handing the US government a win in its long crackdown on bogus “spoofing” orders.
> Michael Nowak and Gregg Smith were found guilty Wednesday by a federal jury after a three-week trial and more than eight days of deliberations. Prosecutors presented evidence that included detailed trading records, chat logs and testimony by former co-workers who “pulled back the curtain” on how Nowak and Smith moved precious-metals prices up and down for profit from 2008 to 2016.
A salesman on the desk, Jeffrey Ruffo, was acquitted of charges he participated in the conspiracy.
>The case was the biggest yet by the US Justice Department, which alleged the precious-metals business at JPMorgan was run as a criminal enterprise. Nowak, the managing director in charge of the desk, and Smith, its top trader, were convicted of fraud, spoofing, market manipulation.
Adrian Torres
Prosecutors scored another win in the U.S. crackdown on market “spoofing” when two former traders at Bank of America Corp.’s Merrill Lynch unit were convicted on fraud charges for manipulating precious-metals futures.
Edward Bases and John Pacilio were found guilty by a federal jury in Chicago on Wednesday for illegally flooding the market with buy and sell orders they quickly canceled to move gold, silver or platinum prices in the direction they wanted from 2008 to 2014. While there’s nothing inherently wrong with canceling orders, both men were accused of intentionally defrauding other traders.
“They did it to make more money on their trades, to rip off other traders,” prosecutor Scott Armstrong told jurors earlier. “They did it over and over and over again. They took pride in their skill to manipulate prices. They took pride in ripping off other traders. They bragged about it. They taught younger traders the ropes.”
The two-week trial was the latest U.S. prosecution of a “spoofing” case in recent years. In June, former Deutsche Bank AG precious-metals traders James Vorley and Cedric Chanu were sentenced to a year in prison after they were convicted in Chicago last year.
Read More: Gold Trader’s Chat Shows ‘How Easy’ Price Manipulation Is
The government has extracted more than $1 billion in fines from companies including JPMorgan Chase & Co., Bank of America Corp. and Deutsche Bank AGto resolve liability for market manipulation tied to spoofing. Merrill Lynch paid a $36.5 million fine in 2019 to resolve government investigations into precious metals spoofing.
While a handful of traders have pleaded guilty since 2015, prosecutors have had mixed results for cases that went to trial.
John Cox
Bump
Bentley Robinson
How many of you fucking retards bought fake shiney jew metal instead of ammo
Connor Watson
I think that they are starting to crack down because we’re nearing the end of the dollar and virtually all of the gold of the west has already been sold off at a low price. We will soon see gold prices and silver prices go through the roof.
The fed will continue to raise rates while also growing their balance sheet. Inflation will worsen and they will pretend that they are baffled at how this could happen. Just like a year ago when jews like Janet Yellen promised us that inflation was transitory when anyone with a brain could see it was only going to get worse.
Lucas Diaz
>How many of you fucking retards bought fake shiney jew metal instead of ammo
I bought gold, silver, ammo, mining stocks, and natural gas royalty trust shares when inflation was imminent. I’ve probably done the worst on ammo as prices were already high.
Adam Gutierrez
Welcome, Rabbi Kvetchel Kikenheeber!
Are (((you))) saying we can't buy both, ammo and "worthless" silver?
Ian Robinson
Percious metals, stocks, real estate, regular metals, food, oil, natural gas, international currencies, public debt bonds, ...
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Nathaniel Roberts
fred.stlouisfed.org
Notice that the fed is still buy mortgage backed securities thereby manipulating the housing market. Their holdings of gold remains unchanged though. The biggest thing is probably the growth in liabilities for repos. What can an average person do to stay ahead of this?
David Cox
Genocide.
>inb4 oy vey, there is a political solution, trust the plan, the JEWdicial system will magically begin to work despite all it's obvious exploits and jail them persecuting dozens of millions of subhumans in a few years...
Brayden Edwards
Or
> oy vey, invest in this low return scam here and you will be protected from a mass looting similar to the fall of USSR
James Martinez
>I’ve probably done the worst on ammo as prices were already high.
You can still get 556 for 45cpr, ammoseek dot com. Some is crappier than others though. Prvi Partizan gets good reviews for the cheaper stuff, hot, clean, and nice reloadable brass.
PMC is always cheap and plentiful too, but haven't read much on it yet.
Palmetto State has Federal for 55cpr per loose case.
I still need red dot sights too since my (((Sig))) Romeo5 crapped out after a few months and new (((Sig))) ignored my email I sent. Think I'ma get Holosun 403R. They're basic bitch compared to other models of Holosun that have more features, and MSRP is higher, but now selling for much less because mroe features is evidently a problem for Chinknisium shit. The 403R gets the best reviews out of all of them, not so many failures right out of the box or after 500 rounds. It looks to be the best of the $200 poorfag RDSs.
Don't forget to stack some food too. For the poorest of the poorfags, 50# bags of whole corn from the livestock feed store is cheap. You can eat it without cooking, about the consistency of pork cracklins. Need protein and vitamins too though, not to mention clean water source. A handpump for you wellfags would be in order now as the grid may crash.
I'm just wondering if PMs will finally be set free from all the kikery. I really doubt it though. A billion in fines and a couple of kikes doing time is just the price of business.
>What can an average person do to stay ahead of (((this)))?
>Genocide
Fucking top kek
Henry Long
They need to be purged
Jeremiah Young
Hello Any Forums I’m Jewish and I just wanted to say that I am truly horrified by the antisemitism on this board
Cameron Gutierrez
>They need to be purged
Yes. Mankind will not survive any other way. We'll die on this rock when the sun super novas if the kikes are completely erased. We'll never colonize the stars with this (((filth)) extincting the brightest and most innovative of us, content to rule over hoards of shitskins competent just enough to slave for them.
(((They))) need to be gone or we all will be.
Kayden Morris
Paper = zero
Metal = labor.
Metal > infinite paper.
labor > infinity multiplied by zero.
Luke Phillips
>Hello Any Forums I’m Jewish and I just wanted to say that I am truly horrified by the antisemitism on this board
I’m not jewish and i’m beyond horrified by the semitism I see in my country and in my government. But I do almost feel bad for the commoner jews who get none of the benefits of those at the top pulling the strings yet face all of the repercussions from their actions. If only you at the bottom would take a stand against those doing the subverting then we could get along. Unfortunately there’s only a small handful who take that stand. Most of you rush to defend the indefensible actions.
Gavin Jones
Ask yourself why you're so hated all throughout time and space.
You are a despicable scourge on ALL mankind.
You are despised everywhere you infest because you pull the same greedy entitled shit everywhere you infest.
Even remote villagers who've never heard the truth about you in short order will come to see you for what you are, a filthy subversive degenerate parasite. Best case if you're an enabler of this filth. Either way, you gotta go.
Go to sleep tonight knowing that you will be hunted.
This.
Jackson Lopez
> top kek
OOOOOOOOOOOHHH THAT'S SO FUNNY, KILLING ENEMIES WAGING HYBRID WAR AGAINST YOU!!!!!!!!!!!!!! LOL LMAO!!!!!!!!!!!!!
THIS IS SO ABSURD!!!!!!!!11!!!!!!!!
Elijah Richardson
>proposes genocide
>recoils at the prospect
I'm getting mixed signals here, Pedro.
Jeremiah Cox
Pretending to misunderstand replies is also a symptom of being a nigger bitch.
Colton Reyes
jews keep jewing us by other means