CoinAnalysis

Gold at an all time high at $2465.

The innate criminal culture that exists in the banking community is appalling. The “fines” are a drop in the bucket compared to the illegal profits made. Here’s the latest...

JPMorgan Chase & Co is facing a $1 billion penalty after U.S. authorities found that the bank unfairly manipulated the metals market, Bloomberg News reported today.

The report cited three people who were familiar with the issue.

U.S. regulatory authorities are cracking down on firms who unfairly manipulate or “spoof” the precious metals market. The $1 billion fine would be far larger than previous penalties. Last year the Commodity Futures and Trading Commission (CFTC) fined Merrill Lynch Commodities, Inc. (MLCI) $25 million.

Bloomberg said official announcement could come as soon as this week. When asked to comment, officials at the Justice Department, CFTC, SEC and JPMorgan all declined.

Question? Who is involved? In the massive money laundering scheme perpetuated by HCSB over many years the bank paid a fine under conditions that no one on the board would be prosecuted. On the board...James Comey. Who did the investigation...Rod Rosenstein.

These came back from PCGS after being submitted for grading. Value prior to grading $32. Value after: $405.

If you have a lot of this... we may be able to help.

Reviewing some interesting material for upgrades.