written by reader J.P. Morgan Manipulation of gold prices

By rln37, September 16, 2013

I read in several places on Saturday that two whistleblowers from JPM came forward late Friday afternoon, Sept 13, to provide evidence that JPM is manipulating the price of both gold and silver, and has been doing so for a long time, despite absolute denials. The price of gold did seem to shoot up at the close on Friday. But today, the following Monday, I see nothing on the web or in the news about this. Seems like a likely situation for Gumshoe to look into. Hope you have some cogent comments.

Subscriber,
Robert Nelson,
Hazen, ND

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Homer
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Homer
September 16, 2013 9:33 pm

What is the 8$ stock that holds the patents for the new upcoming revolution in the tech industry. Supposedly in Cleveland, OH touted by Oxford Club,,,,,,

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nixim
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tanglewood
Irregular
September 18, 2013 4:16 pm

Hi Robert, I don’t know if you have already done this but google ‘J.P. Morgan Manipulation of gold prices’ and you will see lots of discussions about this topic.

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Money Magnet
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Money Magnet
September 19, 2013 3:48 pm

Homer,

Can’t be absolutely sure, but the company you were asking about is almost certainly Graftech International. They provided the heat shield for the Mars Lander, which uses Graphene in thin film form, to dissipate the heat before it damages delicate internals…

Last time I checked they were just below the $8.785 mark, with a P/E of 17.27 so at current exchange rate, they’re about £5.00 – A Little pricey for me, given I expect a big pull-back in the near future, so if I have readies, I might be tempted then. They bottomed at $6.45 in March 2013, and have been rising steadily ever since.

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