By Jerome R. Corsi
NEW YORK – A London-based commodities trader claims a major New York bank is conducting serious manipulation of the silver and gold futures markets.
The practice has continued even after federal regulators have been warned of the impropriety, Andrew Maguire, a metals trader at the London Bullion Market Association, told WND.
Last November, Maguire brought allegations before the U.S. Commodity Futures TradingCommission, or CFTC, in Washington that gold and silver traders at JPMorgan Chase have conspired to manipulate global precious metals markets. He charged the manipulation amounts to hundreds of millions of dollars, if not billions, in institutional trading profit for the bank and personal profit for the traders.
“It’s like robbing a bank…
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