JPM
JPMorgan Chase & Co.
stock NYSE

During the crash, 1.5B paper silver shares were sold. That's 2x annual mining output. That's crazy. JPM was caught already once and had to pay a huge fine so this is nothing new for them. Also, JPM set their target price to $50 "temporarily" but then it would recover. That sounds like shenanigans.

Ill add to this.
The logistics of what happened last Friday was an exploit by the big banks and the CME.
The banks themselves have access to a reverse repo facility with the Fed. This in itself allows it to borrow funds overnight boosting liquidity. It would be interesting when the data comes out if this was used in anyway.
First banks arm themselves with liquidity and deposit into their CME accounts.
If you take Silver for example, the high last Friday was 118. The bank shorts millions of oz pushing the price down. However they have sufficient margin to ensure their short position remains open. The shorts trigger other holders to post margin else their positions get liquidated. This created a feedback loop of selling as long holders couldnt come up with the margin requirements to maintain position. When it got to a low of 78, JPM covered possibly many of their short positions. Think about this open at 118 short. Post enough funds to keep it open until price is 78 and cover. That is $40 per oz x 5000oz. 200k dollars per contract drained.
The ones on the losing side were those that had to force to sell.
The issue with this game is, banks get enough liquidity to do this. They also know when CME will enforce margins. Plus it makes sense to force down the price when its options expiry if they are holding short positions.
Btw gold, platinum, palladium all sold off too. Same concept above.
To avoid being fodder. Stop buying on leverage, post 100% margin so you cant be forced out of your position and stand for physical delivery.
Basically the banks fleeced refiners, hedge funds and others going long on this trade. Refiners might need to fight back. Stop buy back and let the market seize up in supply.

Mango sues Jamie Dimon, then JPM starts manipulating silver triggering market declines before midterms. Coincidence?

Yeh but JPM promised to Trump to completely build one refinery for defense purpose (and Trump administration still did not figured out that they are making fool of them lol haha), while in the same time sending pure 999 silver bars out of country. Just wait when Trump realized they are making fool of him, what a show it will be lol.. I ve already bought pop-corn... 

From a non-tech, long-term lens, I keep coming back to JPM. Structurally, it’s one of the few financials that tends to hold relative strength during market stress, with well-defined support and consistent volume on upswings.
JPMorgan Chase & Co (JPM) appears to be forming an ascending triangle pattern, characterized by a flat resistance level around 320-325 and rising support. The price has recently rebounded from the lower trendline and is now re-approaching the resistance. A successful breakout above the 320-325 resistance, as per ChartScanner.AI analysis, on increasing volume would signal a continuation of the bullish trend. Traders should expect potential resistance at the previous high around 337.25, with further upside if this is cleared.

The funny part is these criminals will die by their own sword. When they attack we stack. I only add on the big takedowns now. As the price climbs I stack their fiat when they slam it I unload that fiat. Nothing like getting more silver and gold for their dying fiat. I think JPM moving to China was a move to attack from both sides now. Keep draining physical. 

Wichtig ist, dass du hier nur Produkte der Deka und Verbundpartner (JPM, BGF etc.) handeln kannst. Keine Einzeltitel außer Anleihen der Emittenten und Zertifikate auf Einzeltitel bzw. Indizes. Die einzelnen Produkte selbst haben ggf. weitere Kaufkosten. Bei ETFs meine ich pauschal 1,00 %.
Geht über den S-Broker deutlich günstiger, die haben aktuell eine Aktion mit 1,99 pro Trade bis Ende 2027 und ohne Jahreskosten meine ich. Das kann schon eher mit TR verglichen werden, nur mit dem Vorteil, dass du nen richtigen Support hast und alles ohne Einschränkungen auf jeder Börse handeln kannst

Does it even matter now? JPM has shown that it can bend markets at its will and we won't be able to do anything

JPM and HSBC have been choking on large short positions in silver from much lower levels. They pressured the CME to raise margin requirements on both silver and gold on the COMEX to squeeze out leveraged paper positions in the metals.

Looking at the silver to gold price movement leads me to believe silver is being massively manipulated. I’m not even a believer in such manipulation but JPM has done it in the past. Lmk when the class action comes up so I can sign up from behind the Wendy’s counter.

BRK.B, JPM, COKE

THE "ZHONGCAI" CONFIRMATION
Reports confirm that Zhongcai Futures, a major Chinese commodities broker, has netted over $500 Million in profits since Friday by betting against Silver.
They started aggressively building Short Positions in late January, specifically targeting the retail "Long Squeeze" hype.
They used the "Friday Massacre" (when silver dropped 26%) as their first strike, and they are using tonight's Shanghai Open to finish the job. They are essentially "hunting" the remaining bulls.
JP MORGAN IS ALSO INVOLVED
The "Rescue" Operation: There are credible reports that JP Morgan used the recent crash to close roughly $10 Billion in short positions at the market bottom. The "Big Boys" (Zhongcai and JPM) are shorting and covering. The "Little Guys" (Retail) are getting liquidated. You are currently providing the liquidity for Zhongcai to cash out their $500M win.
Makoto Kern

JPM is pretty much a tech stock at this point.

THE "ZHONGCAI" CONFIRMATION Reports confirm that Zhongcai Futures, a major Chinese commodities broker, has netted over $500 Million in profits since Friday by betting against Silver.
They started aggressively building Short Positions in late January, specifically targeting the retail "Long Squeeze" hype.
They used the "Friday Massacre" (when silver dropped 26%) as their first strike, and they are using tonight's Shanghai Open to finish the job. They are essentially "hunting" the remaining bulls.
JP MORGAN IS ALSO INVOLVED
The "Rescue" Operation: There are credible reports that JP Morgan used the recent crash to close roughly $10 Billion in short positions at the market bottom.
The "Big Boys" (Zhongcai and JPM) are shorting and covering. The "Little Guys" (Retail) are getting liquidated. You are currently providing the liquidity for Zhongcai to cash out their $500M win.

Makoto Kern

They done fuked AGQ... she frozen

Nice of JPM criminal enterprises to at least manually halt at the 10% this time ...

I bought JPM a few years ago and I thought it was the most boring stock to have, but has outperformed most of my tech stocks to this point

Doesnt bother me, Im not selling my physical core.
Everything is kinda unfolding for March. We really don't know what will happen. Maybe JPM wants to extend the game further and use some of their reserves to kick the can down the road. No one knows at this stage, so theres as much risk as buying paper as there is physical.
The dealers and refiners are all taking a step back reducing orders or buying/selling. We are all seeing how this plays out. Theres just too much uncertainty.

JPM owns the silver market we just ride the waves

You mean the same JPM that manipulated the PMs market for years? No way. /s
https://www.reuters.com/world/asia-pacific/jpmorgan-pay-920-mln-manipulating-precious-metals-treasury-market-2020-09-30/

Some saying that JPM's relocation in Singapore is purely to tamp the precious metal market... maybe that's why?