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Gold price manipulation is real; JPMorgan’s spoofing case explained

JPMorgan settled a $920 million fine with UNITED STATE authorities on costs of rare-earth elements rate manipulation last week. This is considerable due to the fact that rumors and supposition about steels manipulation is verified in such a huge profile instance for the first time, said Will Rhind, CEO of GraniteShares.

" Throughout my profession, there have constantly been these kind of mutterings of adjustment of the gold market. A lot of people that were speaking about that were truly crossed out as fringe or conspiracy theorists [with an] extreme view, as well as those individuals have been right," Rhind informed Kitco Information.

Spoofing requires placing in phony orders in the markets to get or market and after that taking out those orders before they are carried out with the intent of relocating the cost.

0:00 – JPMorgan spoofing instance
4:28 – GraniteShares HIPS United States High Income ETF
8:22 – Platinum price overview
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