So is JP Morgan short on silver? If they are that was really dumb.
Also, if Morgan crashes, who wants to bet this administration will come to their rescue and bail them out with tax dollars in this situation? Is it that grave?
Posted by IWISHIHAD on :
They have been for quite awhile anda hugh amount of the total amount of silver output.
Always scares me because i have several silver stocks and we know the big boys can control, banks and gov.
They have let this be public for quite awhile, hope that keeps them from killing silver until they cover.
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Posted by CashCowMoo on :
silver will just go up anyway, that is why China has been buying actual silver mines in South America. Silver is so important to electronics, and with the future being electronic..it just makes sense.
Posted by Ace of Spades on :
quote:Originally posted by CashCowMoo: So is JP Morgan short on silver? If they are that was really dumb.
Also, if Morgan crashes, who wants to bet this administration will come to their rescue and bail them out with tax dollars in this situation? Is it that grave?
Thats the Beauty of this plan....cause if The feds print more money(inflation), this always causes Gold and Silver to go up. This crisis and bailouts is why GOLD and silver were going up already. So this will just fuel their own raging fire. Plus JP Morgan is the FED lol. Watch The Docs "money masters" and Monopoly Men" The Federal Reserve is a private bank owned by a few, and JP morgan is one of them.
Posted by Ace of Spades on :
quote:Originally posted by Ace of Spades:
quote:Originally posted by CashCowMoo: So is JP Morgan short on silver? If they are that was really dumb.
Also, if Morgan crashes, who wants to bet this administration will come to their rescue and bail them out with tax dollars in this situation? Is it that grave?
Thats the Beauty of this plan....cause if The feds print more money(inflation), this always causes Gold and Silver to go up. This crisis and bailouts is why GOLD and silver were going up already. So this will just fuel their own raging fire. Plus JP Morgan is the FED lol. Watch The Docs "money masters" and Monopoly Men" The Federal Reserve is a private bank owned by a few, and JP morgan is one of them.
Posted by The Bigfoot on :
Sounds like someone who has a large position in precious metals thinks they are about topped out and is giving the investing public a conspiracy to buy to eek out that last gain before they sell their position and crash the market.
Inflation? What inflation? Maybe in like 5 years once our economic engine hits third or forth gear. Right now we have barely shifted into first after being stuck in neutral for two years.
Watch your indicators Ace. If she breaks a strong support pivot point be prepared to sell quickly and perhaps even short if you like the wild side. Me, I stay away from the short side of life. Nothing worse than a hairy short man, an I can't help being hairy.