To The Top Shareholders of J.P. Morgan
Jason Hommel
November 13, 2010
To the Top Ten Institutional Shareholders and Top Ten Mutual Fund Shareholders of JP Morgan:
It's news that JP Morgan is being sued for manipulating the silver market by maintaining a large concentrated naked short position in futures contracts on the CME's COMEX metals exchange.
The lawsuits were announced just days after a brave man in government, Bart Chilton, Commissioner of the CFTC (http://www.cftc.gov/), the Commodities Futures Trading Commission, made a statement that acknowledged silver price manipulation.