Documentation

No wonder the U.S. Commodity Futures Trading Commission declines to answer, even for a member of Congress, whether the commission has jurisdiction over manipulative futures trading by or on behalf of the government or whether such manipulative trading is authorized by the Gold Reserve Act of 1934, as amended:

https://www.gata.org/node/19917

10:48a ET Thursday, December 23, 2021

Dear Friend of GATA and Gold:

More great investigative journalism today from Pam and Russ Martens of Wall Street on Parade shows that JPMorganChase is listed as the owner of 62% of all stock derivatives held at all 4,914 federally-insured banks in the United States, a notional total of $3.3 trillion in derivatives.

The Martenses ask how anything like this possibly could be permitted by the U.S. government.

... Dispatch continues below ...

By Robert Lambourne
Monday, December 6, 2021

From time to time I am fortunate enough to have conversations with Chris Powell of GATA, who discusses his opinions on all matters concerning the gold market. Powell and Bill Murphy have done so much to expose the manipulation of the gold markets by the U.S. monetary authorities, which always seem to be trying to keep the gold price suppressed. This year seems to have been an extreme, almost maniacal example of this policy, which impairs price discovery by the international gold market.

By Jonathan Stempel
Reuters
Friday, November 19, 2021

NEW YORK -- JPMorgan Chase & Co (JPM.N) agreed to pay $60 million to settle class-action litigation by investors who accused the largest U.S. bank of intentionally manipulating prices of precious metals futures and options.

The settlement disclosed today stemmed from sprawling U.S. government investigations into a form of illegal trading in precious metals and U.S. Treasury markets, known as spoofing.