The fine may seem like a lot ($1 billion Dollars), but relative to the total profits from manipulating precious metals "markets" it is not even 10% of the profits.
JP Morgan to pay almost $1 billion fine to resolve U.S. investigation into trading practices https://www.cnbc.com/2020/09/23/jpmor...
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.