Despite recently being fined $920 for manipulating the gold and silver markets, a recent Reuters article mentioned how J.P. Morgan's precious metals desk just had great earnings and is "dominating" the market. Especially given that the Department of Justice even went as far as to label the banks' gold and silver unit as a "criminal enterprise," is it really a good thing to hear the bank is dominating the market again? To find out, click to watch the video now!
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.