Silver probe dropped. LOL
From Financial Times:
"A four-year investigation into the possible manipulation of the the silver market looks increasingly likely to be dropped after US regulators failed to find enough evidence to support a legal case, according to three people familiar with the situation."
"In addition, a class-action lawsuit has been filed against JPMorgan. Lawyers for the bank have asked a judge to dismiss it, arguing that plaintiffs “fail to identify a single trade” showing manipulation."
So, we can stop saying silver has been manipulated by a global cartel of bankers now? Is is this just further proof of how powerful the cartel is... :)