Will JP Morgan Now Make and Take ‘Delivery’ of Its Own Silver Shorts?

There is nothing inherently wrong and certainly nothing “illegal” about J.P. Morgan Chase gaining a vault license for storing and taking delivery of gold/silver/platinum/palladium from the futures markets known as NYMEX/COMEX. However, the speed, timing and manner in which the exchanges just granted it troubles us. The process of being approved as a licensed vault [...] continue reading world news