Jay Carter, host of http://www.FinancialSurvivalRadio.com talks about people who mistakenly believe buying gold or silver is "too volatile" while also believing their savings account is perfectly secure....But bubba still can't see it
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Friday, December 17, 2010
David Morgan Silver Longs Getting Crushed by JP Morgan Manipulation
According to the Golden Truth blog, JPM and GS prop desks have to stop trading commodities, but they CAN still trade bullion, because its considered a "banking" activity. So, don't expect JPM to leave silver alone due to the Volcker Rule... Ihave had a certain mindset since getting into silver (what to expect, when to buy/sell, etc.). I know this is a blessing- getting rid of those manipulators, but now I have to "reprogram" myself with a new plan of attack in this market.
I think the first thing that will happen is the gold:silver ratio draw closer to its 16:1 natural mark.
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David Morgan
Silver Longs Getting Crushed by JP Morgan Manipulation
Stunning new evidence of manipulation in silver and gold has just been published by the Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Treasury Department. The OCC, first established in 1863, charters, regulates and supervises all national banks. Their new data proves the manipulation in unambiguous terms. The report also confirms how the U.S. Government, in partnership with JPMorgan Chase, intentionally cheated silver investors worldwide of many billions of dollars during the fourth quarter of 2008, and longer. This was all outside the futures market I normally write about. It was a scam of historic proportions.
JP Morgan is chock full of geniuses? Guess that's why they needed a $12 billion bailout when they gambled and lost. They are crooks, plain and simple.
Paper money has NO real value ... the TIPPING POINT IS COMING. As more and more people realize how corrupt the monetary system is, silver and gold will go through the roof. WE ARE WINNING! WE WILL NEVER NEVER NEVER GIVE UP.
JP Morgan is chock full of geniuses? Guess that's why they needed a $12 billion bailout when they gambled and lost. They are crooks, plain and simple.
Paper money has NO real value ... the TIPPING POINT IS COMING. As more and more people realize how corrupt the monetary system is, silver and gold will go through the roof. WE ARE WINNING! WE WILL NEVER NEVER NEVER GIVE UP.
Labels:
JP Morgan
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