They are naked short - go long!
See MaxKeiser.com
1 – JP Morgan has a huge short position in Silver – tied to a huge, extremely precarious derivatives position some estimate to represent approximately 1.5 trillion in risk to its balance sheet.
2 – Various exchanges around the world have been caught manipulating the price of Silver using ‘naked’ short sales (no, there is not always a buyer for every seller).
3 – Of all the actively traded commodities traded around the world, Silver is one of the least plentiful and its supply is shrinking.
4 – Hedge funds are taking physical delivery of Silver – adding substantial demand as well as exposing these exchange’s naked short positions – who are 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 assembly line fraud and embezzlement who are upset that their politicians seem only interested in aiding the banks to 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 or more Silver coins – thus removing even more bullion from the market – forcing additional scrambling by dealers to fill orders – 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
2 comments:
physical means the actual metal: not certificates that banks try to sell you.
JP Morgan is short selling silver to the tune of 3.3 billion ounzes.
There is, at any one time only 100 million ounzes of silver in circulation.
Buying silver forces the margin call on silver short selling up, forcing JPM to buy the stuff on the open market.
Silver prices have climbed in 11% in November alone.
Its the metal that has gained importance in solar technology, semi conductors, biological dressings, jewellry and coinage.
Silver can be purchased from ScotiabankMarcatto at about four dollars above spot price.
People are buying silver all over the world: google (Crash JPMorgan, By Silver)
Remember: when the tide goes out... you can see who is naked!
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