(From another forum)
I was a bit skeptical about the JP Morgan silver "Conspiracy" ...
Until I discovered they are buying up silver mines in Australia.
https://www.macquarie.com.au/edge/article/COMPANY/AYN/a6d17c9fb5dbd210VgnVCM100000c502890aRCRD/
I'm a (minor) shareholder in Alcyone Resources. This company is 100% into silver mining.
I read on
another forum that JP Morgan has recently increased their ASX:AYN shareholding to 37% (from 13% earlier in the year), with all likely-hood that they'll try and take over this company.
This explains the price movement from 0.047 (when I purchased) to 0.125 today. That's 165% increase in a matter of months, even better than buying silver!
It also makes me believe they are now desperate.
