Research for You, Profits for Them: JPMorgan’s Perfect Market Ambush
Do you still believe stock picks from Wall Street big banks?
Last Friday (1/30), after Trump announced the appointment of hawkish figure Kevin Warsh, JPMorgan deployed massive capital to smash the market, taking advantage of higher margin requirements at the Chicago Mercantile Exchange. They aggressively shorted silver, and when prices crashed to a low of $78.29, they closed 633 short contracts, flipping huge losses into a staggering USD 50 billion profit.
Yet just 24 hours before launching this brutal short attack on gold and silver, JPMorgan had released a research report claiming gold would surge to USD 8,000 per ounce.
A textbook Wall Street trap.
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