JPMorgan Off the Hook, Silver Above $29
Silver – This week, a JPMorgan silver manipulation case was put to rest as silver rose for a close above $29.
Silver – This week, a JPMorgan silver manipulation case was put to rest as silver rose for a close above $29.
Silver – Bloomberg reported that US District Judge Robert Patterson ruled that a group of investors suing JPMorgan Chase & Co. (NYSE:JPM) cannot revive a claim that the bank manipulated silver futures and options prices.
Silver – Lawyer Christopher Lovell explains the case's weaknesses and explores the efforts that are keeping it alive.
The Commodity Investor examines the outlook for copper in 2013, encouraging investors to keep an eye out for JPMorgan's new physical copper ETF.
Silver – A US Federal Court has dismissed a consolidated class-action suit against JP Morgan.
Silver – The outcome of a long-running silver manipulation investigation may soon be revealed, but the outcome could cause more frustration.
Oil – Oil prices have risen steadily this quarter. Benchmark crude hit a 26-month high on Monday near $92 per barrel and is forecast by some analysts to be headed to $100, driven by quantitative easing in the United States and as data supporting robust growth in India and China drive demand. Analysts believe OPEC's evident reluctance to increase output and the prospect of continued dollar weakness add to the case for costlier oil in 2011.
Silver – Independent.co.uk reports that HSBC and JPMorgan Chase have been accused to manipulate prices in the silver market.
Silver – The news wires are all a buzz with the most recent scoop of Wall Street: JPMorgan’s investigation by the Department of Justice and the Commodity Futures Trading Commission over allegations of manipulating the silver market on the London Bullion Exchange and NYMEX.
Iron Investing News reports China is set to push forward investments in iron ore projects in Australia. “The opportunities for Chinese groups to come in and facilitate development of some of the smaller players are definitely going to start picking up pace,” said Eric Lilford, head of Australia mining at Deloitte Corporate Finance. For complete story, click [...]
Get our independent commentary on resource trends and companies delivered to your inbox.