Current location - Trademark Inquiry Complete Network - Futures platform - Are there any bankers with gold and silver?
Are there any bankers with gold and silver?
Of course, any profitable market will have behind-the-scenes players, especially financial markets.

The gold and silver market is no exception. In the glorious period of the Rothschild family, the opening price of gold on the London Gold Exchange was set by the Rothschild family. In the 1980s, the Hunt brothers, the richest man in the United States, used all their wealth to borrow money to fry silver with the oil-producing king's office in the Middle East, so that the price of silver rose to an all-time high of $50. So far, the price of silver has not exceeded this high point. JPMorgan Chase, a famous American investment bank, has been the biggest banker in the silver market since the bankruptcy of Hunter Brothers. The US Commodity Futures Commission sued JPMorgan Chase many times, but the evidence was insufficient several times. Now everyone on Wall Street knows the fact that JPMorgan Chase has been sitting on the throne.

However, gold is different. Considering its own value, it is more difficult to sit in the village. After all, central banks all over the world need gold as foreign exchange reserves. The liquidity of gold is not so well controlled, and most of it is hoarding. Moreover, the anti-risk and anti-inflation functions of gold make gold risky. Short-term fluctuations can be manipulated, but long-term fluctuations are not easy.