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About a month ago we reported on an inquiry launched into JPM’s “anti-competitive” and “monopolistic” practices on the LME which have resulted in artificially high prices for a series of commodities which had been hoarded by the Too Big To Fail bank. Today, the WSJ continues this investigation into…

Goldman, JP Morgan Have Now Become A Commodity Cartel As They Slowly Recreate De Beers' Diamond Monopoly | ZeroHedge HomePremiumContributorsChannelsAllBailoutCommoditiesCOVID-19CryptoEconomicsEnergyGeopoliticalMarketsMedicalMilitaryPersonal-FinancePoliticalTechnologyWeatherThe Market EarMerchAboutMoreRSSDonateAdvertiseLOGINLoginUsernamePasswordLoginCreate new accountReset your passwordThis site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.ZeroHedge ReadsActing ManAlt-MarketAntiWar.comBitcoin MagazineBombthrowerCapitalist ExploitsChristophe BarraudDollar CollapseDr. Housing BubbleFinancial RevolutionistForexLiveFundistGains Pains & CapitalGefiraGMG ResearchGold CoreImplode-ExplodeInsider PaperLiberty BlitzkriegMax KeiserMises InstituteMish TalkNewsquawkOf Two MindsOil PriceOpen The BooksPandemic: War RoomPeter SchiffQTR’s Fringe FinanceSafehavenSkwealthacademySlope of HopeSpotGammaTF Metals ReportThe Automatic EarthThe Burning PlatformThe Economic PopulistThe Libertarian InstituteThe SakerThemis TradingValue WalkVisual Combat Banzai7Wolf StreetExpandGoldman, JP Morgan Have Now Become A Commodity Cartel As They Slowly Recreate De Beers' Diamond Monopoly by Tyler DurdenThursday, Jun 16, 2011 - 08:57 PMThis article is archived.Upgrade to premium to access all of the ZeroHedge archive.Already a member? Sign in.Introducing ZeroHedge Premium. Why Premium?BASICSnowflakeFREEREGISTER TO UNLOCK THESE FEATURES- Commentary and Analysis- Daily Recap Newsletter- Community CommentsSELECTPREMIUMJack's Lack Of CensorshipONLY $25/MONTHBILLED ANNUALLY OR $30 MONTHLYAll BASIC features, plus:- Ad-free environment- Unmoderated comment section- Premium commentary features including user tiering and comment tracking (coming soon)- Access to private, invitation-only Zerohedge twitter account- Exclusive access to The Market Ear content- Access to Newsquawk breaking news and market squawks, and discount for real-time commentary- Early glimpse at all our postsSELECTPROFESSIONALProject MayhemONLY $85/MONTHBILLED ANNUALLY OR $100 MONTHLYAll PREMIUM features, plus:- Access to our constantly updated research database via a private dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)- Notifications for new posts, breaking news and comment replies (coming soon)- Discord-based chat and commentary rooms (coming soon)Contact us about Enterprise Solutions priced at $5,000/moSELECTINSIDERPaper StreetCOMING SOONSTAY UP TO DATEAll PROFESSIONAL features, plus:- Direct access to Zerohedge staff- Full archivesCOMING SOON23,848More article stories on ZerohedgeWant more of the news you won't get anywhere else?Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.Today's Top Stories+Tech's rates volatility problemSource: RefinitivTech is the rate sensitive play. Bond volatility, MOVE, has remained trading stressed and this matters for tech. Note the latest gap between the two, but on the other hand don't forget volatility does not trend over (longer) time. Watch this chart going forward. MOVE vs NASDAQ (inv). 12 hours ago at 3:10Upgrade to PremiumContact Information+Assistance and Requests: Click hereTips: [email protected]: [email protected]: [email protected]: Click hereAbuse/Complaints: [email protected] Reading+Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" GuideIt would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure.Here's our Cookie Policy.  How to report offensive commentsNotice on Racial Discrimination. Discrimination NoticePrivacy PolicyDisclaimerAdvertise with ZeroHedgeCopyright ©2009-2023 ZeroHedge.com/ABC Media, LTD

Goldman, JP Morgan Have Now Become A Commodity Cartel As They Slowly Recreate De Beers’ Diamond Monopoly