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Don'tDrinkTheKoolAid

09/17/19 12:50 PM

#14265 RE: ThomasHBS-HLS #14261

No doubt about it. I think JP was also buying and stock piling silver as they naked shorted it. I don't know if it's true, but they have 130 million ounces or some huge accumulation.
Silver was up until now almost 100 ounces to =1 ounce of gold.
That's not normal at all.

patience_in_waiting

09/17/19 5:27 PM

#14288 RE: ThomasHBS-HLS #14261

Hey Thomas,

I just wanted to join the list of people thanking you for actually taking the time to keep us long shareholders of PRED informed.

I've been a significant investor in PRED for over 2 years now, and the number of shares I hold is substantial.

I'm not going to lie. The wait for this company's rocket ship to 'take off' has been painful at times, and that's probably an understatement.

I have yet to sell a single share. The more I see shorts post, the more determined I become to keep....every....single.....share.....regardless of the wait.

We understand your hands are tied with how much information you can pass on to us longs, but whatever you can share to help us keep the faith during the wait sure would be appreciated.

Thanks again.

Alleyba1

09/17/19 5:28 PM

#14289 RE: ThomasHBS-HLS #14261


thomas,

That was 9 years ago. Tell me something I do not know. Did you mention that nothing happened in the end? They could not prove the manipulation

High_Profits

09/18/19 2:13 PM

#14391 RE: ThomasHBS-HLS #14261

Related - looks like the DoJ and SEC will be busy

Regulators Expand Already Massive Precious Metals Manipulation Probe To Other Markets

https://www.zerohedge.com/commodities/regulators-expand-already-massive-precious-metals-manipulation-probe-other-markets

Wed, 09/18/2019

Just two days after the DOJ took the unprecedented step of designating the JPMorgan precious metals trading desk as a "criminal enterprise" using unusually aggressive language which reminded legal experts of indictments utilizing the RICO Act, and which hopefully ended years of precious metal manipulation by the group formerly headed by Blythe Masters, CNBC now reports that the probe is set to spread significantly as Federal prosecutors and regulators "are expanding their already aggressive investigations of fraudulent precious metals trades at J.P. Morgan Chase to other U.S. markets and financial firms."

So far, the increased focus on spoofing has resulted in federal prosecutors bringing a total of 13 spoofing cases against 19 defendants in the past five years. Of those, eight have pleaded guilty, while seven are fighting the charges and awaiting trial.

Following the indictment of three J.P. Morgan precious metals traders on Monday, Assistant Attorney General Brian Benczkowski said that the Justice Department is not finished with its probes.

“Our investigation is ongoing, and we’re going to follow the facts wherever they lead whether it is across desks here or at any other bank or upwards into the financial institution,” Benczkowski said.