In this article, we discussed how JP Morgan was winding down their proprietary trading desks, which we felt were responsible for the silver manipulation.

在这篇报告中，我们讨论了JP摩根如何慢慢停摆专属的交易席位，我们觉得，他们的做法应该为白银的操纵负责。

youdao

Most likely, JP Morgan has been naked shorting silver, by selling paper silver that doesn't physically exist.

最大的可能是JP摩根通过卖出纸面上而实际上不存在的白银进行裸卖空。

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NIA is very pleased that for the first time in many years, silver prices appear to be trading based on free market forces and not the manipulation of JP Morgan.

NIA非常高兴，因为许多年来白银的价格第一次看上去由自由市场的交易决定，而不受JP摩根的操纵。

youdao

David Morgan, independent precious-metals analyst with Silver-Investor.com, also cited typical buying by dealers at the start of each year.

FORBES: Seasonal Effect Prompts Large Spurt In January U.S. Mint Gold-, Silver-Coin Sales

When such crises occur, gold tends to be the most sought-after metal for a safe haven, said David Morgan, independent precious-metals analyst with Silver-Investor.com.

FORBES: Gold Seen Outperforming Silver In Coming Weeks As European Debt Crisis Continues

David Morgan, independent precious-metals analyst with Silver-Investor.com, also endorsed the concept.

FORBES: FOCUS: Proposed Van Eck Gold, Silver ETFs Would Allow Redemptions Of Metal