j.p. morgan john edmunds mr edmunds pled guilty last year to trying to manipulate markets for a six year period at morgan from twenty in two thousand and nine to twenty fifteen just this week his sentencing was postponed for another six months now edmonds says he learned those illegal tactics from other more senior traders at morgan and his case resulted in a blizzard of lawsuits against the firm so what is the current and future impact of this case on confidence in metals markets or is there still a corrosion of confidence in them in the markets. i think people close to markets are always concerned about short term manipulation if they can manipulate a big market as large as life bore that is global interest rates the ability to manipulate a smaller market like precious metals is of course always always present now many people in the gold trade like to blame what they see is low gold prices on manipulation i would suggest that instead that's due to the strength of the us dollar but again i'm not an economist i'm a credit analyst right right and in your work you know that we look at a lot of di