Category: JP Morgan

JP Morgan Charged With Criminal RICO Violations: Suppressing The Silver Market

Another JPMorgan Chase & Co. official was charged in the U.S. probe of the bank’s precious metals trading operation. Jeffrey Ruffo, a former JPMorgan executive director on the metals desk in New York who specialized in hedge fund sales, was charged with fraud conspiracy and racketeering conspiracy, according to a superseding indictment made public Friday…

3 Major Corporate Banks Under Investigation By CFTC For Precious Metals Market Manipulation

Whether the gold and other precious metals markets are manipulated by the big money, or not, is the subject of countless column inches of text in the financial media.  However the evidence of some attempts to manipulate these markets by the big banks, or individuals working for them, is becoming more and more evident.  What…

Americans Want Nullification Of Banker’s Counterfeit Debt

United Kingdom-based global financial services company HSBC Holdings plc (HSBC) entered into a deferred prosecution agreement (DPA) [Even after years of PROVEN criminal activity] and agreed to pay a $63.1 million criminal penalty and $38.4 million in disgorgement and restitution to resolve charges that it engaged in a scheme to defraud two bank clients through…

Trump Distributed Waivers To Protect 5 Mega Corporate Banks From Corruption Charges

Trump Undermining The Public’s Confidence In Our Financial Markets While Americans celebrated the holidays, President Trump followed in the footsteps of his predecessors by acting in the interest of Wall Street and using the distraction to do something that was not in the best interest of the American people. He pardoned [actually distributed waivers before…

Nobel Laureate Economist Joseph Stiglitz Says Bitcoin Doesn’t Serve Any Socially Useful Function

Bitcoin [Very Much Like Non Physical Silver Gold Fiat Paper Rigging Allowed At The Comex] is now operating in the realm of the Madoff Ponzi scheme: Plenty of people understand that it’s going to collapse because it is based on an unsustainable illusion. Plenty of people are warning regulators to not allow this illusion to…

Lawsuit JP Morgan-Jamie Dimon: $Billions In Fines For Mortgage Fraud Then Caught Paying Fines Using Phony Mortgages

A lawsuit against JP Morgan-Chase — the nation’s largest bank — asserts that the institution paid off the $4,200,000,000 in mortgage forgiveness that it agreed to as a settlement for widescale mortgage and foreclosure fraud by committing a lot more mortgage fraud, in which homeowners, ethical lenders, and American cities were stuck with the bill. The original…

Russia Warns: Investments In Bitcoin Riskier Than Gambling

SOCHI, October 17. /TASS/. Russia’s Economic Development Minister Maxim Oreshkin compared investment in bitcoin with gambling and stressed that in case with crypto currency there are more risks. He voiced his opinion speaking at the International Festival of Youth and Students in Sochi. “As for bitcoin: if you look at how the value of this…

Silver & Gold Are Physical Not Fiat: Central Bankers Would Rather Reset Into Another Fiat Contrivance Than Face Justice!

With one foot out of the door of Germany’s finance ministry, the former head of the German economy, Wolfgang Schäuble, 75, delivered a fire and brimstone warning over the weekend, telling the FT in an interview that there was a danger of “new bubbles” forming due to the trillions of dollars that central banks have pumped into…

Deep State Manipulation Of The Silver & Gold Market Is Collapsing

Today London whistleblower and metals trader Andrew Maguire told King World News that the U.S. orchestrated manipulation of the gold market is now collapsing and that ‘Vampire Squid’ Goldman Sachs is looking to take full advantage of the upcoming implosion of The London Gold Pool II by moving in for the kill. Andrew Maguire:  “Eric, we…

Silver’s Door Step: Five Reasons to Buy ‘Physical’ Silver Now

Silver is generally treated like gold’s little brother, and tends to get lost in the shuffle. But a recent Business Insider article listed five good reasons to buy silver. Like gold, silver is money. It’s historically been a good safe-haven investment and a hedge against inflation. But it also serves as an industrial metal. Silver…

U.S. System Porked By Corrupt Fractional Reserve Banking

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United…

Physical Silver Vs The $5 Trillion Counterfeit Paper Silver Scam

The U.S. Supreme Court allowed private antitrust lawsuits brought by investors including big U.S. cities accusing major banks of conspiring to manipulate the pivotal Libor benchmark interest rate to move forward. The justices rejected an appeal filed by a group of banks including Bank of America Corp(BAC.N), Deutsche Bank AG(DBKGn.DE), UBS AG(UBSG.S) and JPMorgan Chase…

RollingStone: JP Morgan’s $9 Billion Witness Nightmare

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore. “It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.’” Fleischmann is a tall, thin, quick-witted securities lawyer in…