Ahead of employment data to be released June 3rd, jobless claims rose by an unexpected level. The struggling economy and the expiration of QE2 are factors on the minds of investors. A weak dollar and troubling economic data may support silver going forward.
The National Inflation Association reports that JP Morgan has now admitted to having manipulated silver price and is taking steps to reduce it.
India, as world leader in silver imports, appears to be taking advantage of the lower silver prices in comparison to gold.
Goldsilver.com discusses powerful ideas on how the masses can help themselves in taking their financial power back.
Independent.co.uk reports that HSBC and JPMorgan Chase have been accused to manipulate prices in the silver market.
The news wires are all a buzz with the most recent scoop of Wall Street: JPMorgan’s investigation by the Department of Justice and the Commodity Futures Trading Commission over allegations of manipulating the silver market on the London Bullion Exchange and NYMEX.
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