Copper $ 5.5045 / lb 1.42%

Brent Crude Oil $ 60.07 / bbl 0.50%

Palladium $ 1769.5 / ozt -0.48%

Crude Oil $ 56.29 / bbl 0.70%

Natural Gas $ 3.907 / Btu -0.89%

Silver Futures $ 65.885 / ozt 0.72%

Aluminum Futures $ 2938.75 / ton 0.63%

Micro Gold Futures $ 4354.4 / ozt -0.23%

Micro Silver Futures $ 65.885 / ozt 0.71%

Platinum $ 1964.4 / ozt 0.58%

Gold Futures $ 4354.4 / ozt -0.21%

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Why is JPMorgan so eagerly acquiring bars of physical platinum?

Seeking Alpha | April 14, 2011 | 6:57 pm Base Metals Energy Platinum

JPMorgan Chase (JPM) is the biggest derivatives issuer of all U.S. banks, but it is busy below the radar, loading up its vaults with 50 troy ounce platinum bars. JPMorgan has been a large net physical platinum buyer in 2011, and it was also a big buyer in 2010.