June 1, 2018 | The Silver Fraud – some help for Ted Butler and Company on issues with JP Morgan!

Don Swenson

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Ted Butler has done a yeoman’s job in exposing the silver manipulation fraud by JP Morgan. But he may need some help to expose the core group which is behind the electronic computer trading which is doing all this price manipulation. Let’s see if I can help Ted with some additional details (and contacts) on this huge fraud on those of us who invest in silver. We need answers as the daily spot price of silver is obviously controlled, monitored, suppressed, and manipulated for some reason. Following is one website which silver investors need to review:

https://www.jpmorgan.com/country/US/en/markets/execute/commoditiestrading

Call the following contacts to see if more light can be obtained on why JP Morgan is accumulating 700 million ounces via CME and COMEX activities.

Global

Chief Communications Officer
Darin Oduyoye
+1 212 648 0232
Global Head of Media Relations for Asset Management
Kristen Chambers
+1 212 622 4111

Americas

Institutional Americas
Matthew Chisum
+1 212 622 4332

GLOBAL CONTACTS

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, including Chase, please call +1 212 270 6000 (ask for a contact person on issues of silver investing).

Click on the above as JP Morgan uses computer trading and their internal platform for all the price manipulation. We live in a digital marketplace today and all silver prices are controlled via electronic trading and trading algorithms. The Futures market is where all this manipulation starts. Give the traders at JP Morgan a call and request that someone respond to Ted’s assertion that JP Morgan has accumulated some 700 million ounces of silver (for what reasons)?

North America +1 212 834 4356 (ask for a contact person on issues of silver investing)

The JP Morgan Chase board of directors can be reviewed and then contacted to further the inquiry of why this financial firm is acquiring silver for its own portfolio: https://www.jpmorganchase.com/corporate/About-JPMC/board-of-directors.htm

Ted’s basic case can be summarized as follows:

In addition to being the largest dealer in OTC precious metals derivatives contracts, JPMorgan was suddenly thrust into the role of being the largest dealer in gold and silver on the COMEX, as a result of being asked (by the US Treasury and Federal Reserve) to take over the failing investment banking firm Bear Stearns in March 2008. Few knew at the time that Bear Stearns was the largest short seller in COMEX gold and silver and its takeover by JPMorgan resulted in JPM being thrust into the role of it being the biggest short seller. As a result of being able to sell short virtually unlimited quantities of COMEX silver futures contracts as prices rose and then buying back those contracts as it then caused prices to fall, JPMorgan made many hundreds of millions of dollars in the years immediately following its takeover of Bear Stearns.

How is the silver price being manipulated now that prices are digital/electronic and trading is done mostly with algorithms? All this happens on the electronic futures markets such as the Globex.

http://www.cmegroup.com/trading/metals/

http://www.cmegroup.com/globex.html

Today, price manipulation is a trading activity which can be done behind closed doors. JP Morgan can trade our markets. The Fed can trade our markets. Foreign central banks can trade our markets. The opportunity for price control, suppression, and price manipulation goes right to the top firms which trade our global markets. Ted’s understanding is very helpful but we need to dig deeper into why our silver markets are being controlled and manipulated. It is done on the electronic exchanges and ‘naked’ futures contracts are the main culprit. Trades are made, cancelled, spoofed, and not settled in the metal. All this is now happening on our electronic futures markets (and behind closed doors).

http://www.cmegroup.com/

Take the time to help Ted Butler expose the trading firms which suppress and manipulate prices (silver is only one of many). Be brave and make a call to one of the numbers above to gain information for further calls. Thanks. I will do similar! I am: https://kingdomecon.wordpress.com.

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