Jpmorgan Vs Hong Kong - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 3 / Views: 1,230
tripncoins Pillar of the Community United States 648 Posts	Posted 06/15/2012 8:25 pm Thought I would share this information. If you haven't heard today, the Hong Kong Exchanges and Clearing agreed on Friday to buy the London Metal Exchange for Â£1.38 billion, or $2.14 billion. China seems to be buying everything from bullion to Metal Exchanges. Interesting. Per the article: The acquisition could provide a windfall for JPMorgan Chase and Goldman Sachs, which collectively own a 20.4 percent stake in the London-based exchange. My thoughts are due to JPMorgans recent limelight in the precious metals with Blythe Masters and the London Whale who has now put their CEO under some fire and many others associated with it could allow Silver to slowly break away from its manipulated bondage. Source: http://dealbook.nytimes.com/2012/06...2-1-billion/ Edited by tripncoins 06/15/2012 8:26 pm Report this Post to the Staff

macmercury Pillar of the Community United States 5832 Posts	Posted 06/15/2012 9:37 pm This is big news with JP Morgan Chase and Goldman Sachs losing their grip that they held for the past 135 years. Don't know how this will effect the PM market in the near future?! Report this Post to the Staff
traevin Pillar of the Community United States 1454 Posts	Posted 06/15/2012 11:02 pm Very interesting. Report this Post to the Staff
coinwatch Pillar of the Community United States 808 Posts	Posted 06/16/2012 01:40 am Quote: This is big news with JP Morgan Chase and Goldman Sachs losing their grip that they held for the past 135 years. Getting out while the getting's good as they say. I doubt either of these two entities are losing out on this deal. Report this Post to the Staff
	Replies: 3 / Views: 1,230

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.22 seconds to rattle this change.