Crash JP Morgan Buy Silver

[maxkeiser]

Run time: 01:23 https://www.youtube.com/watch?v=QCM7rMIqxmk   Posted on YouTube: November 17, 2010 By YouTube Member: RussiaToday Views on YouTube: 65   Posted on DU: November 17, 2010 By DU Member: maxkeiser Views on DU: 1170

 
The Crash JP Morgan Buy Silver Manifesto or: How to Get Hedge Funds To Do Your Dirty Work For You

1 – JP Morgan has a huge short position in Silver – estimated to be 3.3 billion ounces – tied to an enormous, extremely precarious overall derivatives position (estimated to represent 1.5 trillion in risk to its balance sheet at $500 Silver).

2 – Various exchanges around the world have been caught manipulating the price of Silver using ‘naked’ short sales; i.e., counterfeiting.

3 – Of all the actively traded commodities traded around the world, Silver is one of the least plentiful and its supply is shrinking, but its industrial uses are multiplying. The ‘networked’ age of global communications is built with Silver.

4 – Hedge funds are taking physical delivery of Silver – adding substantial demand as well as exposing these exchange’s naked short positions – who are already scrambling to deliver – jacking prices up to multi-decade highs – and inspiring these predatory funds to buy more Silver.

5 – There are billions of people around the world who are aware that banks have been committing fraud and embezzlement who are upset that their politicians seem only interested in helping the banks commit more fraud – who are looking for a cheap way to non-aggressively fight back and decapitalize these banks.

6 – Many of these people have the access and wherewithal to purchase 1 ounce of Silver – thus removing hundreds of millions of ounces of Silver from the ‘paper’ market – forcing additional scrambling by dealers to fill orders by buying back short positions – inspiring the funds to buy and take physical delivery of more Silver – creating a colossal short squeeze – in which JP Morgan stands to be the biggest loser.

7 – Buying Silver is how the world is monetizing its anger at the banks who stole their wealth.

8 – Crash JP Morgan Buy Silver

[Granny M]

1. A nice gift idea.

My little Irish grandson is being christened next week. What a nice christening gift from Granny and Gramps - a lovely silver coin and the ruin of JP Morgan. Buy up, everybody.

[EnviroBat]

2. I bought a really nice silver coin recently.

It was something like $22.00 I think this is good advice if you can spare the cash.

[Joanne98]

3. KICK