USV - Silver Sits While Spoofing Prosecutions Proceed

Last year, the US Department of Justice indicted a handful of former JPMorgan traders on spoofing and conspiracy charges. Investigators charged the individuals with manipulating the silver and gold markets on thousands of occasions. The wheels of justice grind slowly, but there should be additional developments over the coming weeks and months. A group of market participants continues to believe that JPMorgan is at the center of a massive market manipulation scheme dating back to its takeover of Bear Stearns during the 2008 global financial crisis. Some believe that the world's largest private US banking

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