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JPMorgan Chase & Co. is also the custodian of the ETF, SLV, which is supposed to have up to 300 million ounces held by JP Morgan, which is also likely
not there.
JPMorgan Chase & Co. is thus likely engaged in a
Ponzi scheme of selling silver to clients, without actually purchasing the real physical silver in the marketplace, which is a totally fraudulent and illegal activity.
JPMorgan Chase & Co. is likely engaged in sending false brokerage statements to account holders of unsecured bullion accounts, and thus, is likely engaged in both mail fraud and wire fraud.
JPMorgan Chase & Co. is likely engaged in
defrauding the United States Government by manipulating silver prices low, by selling excessive amounts of "paper silver", which creates the false illusion of abundance of silver, which creates the illusion of a false sense of availability of silver, which is likely needed by the Department of Defense for the national security of the United States, as silver is vital and necessary element for the defense industry.[/left:fcr8plbr]