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Tuesday
Mar192013

HILARIOUS - JPMorgan Silver Manipulation Explained

Much better than it looks.  Dimon and Bernanke get torched.

The Ben Ber-Nank uses the JP Morgue to short silver.

UpdateJamie Dimon wins again

 

 

Related:

Max Keiser: Buy Silver, Kill JPMorgan

 

HILARIOUS: Quantitative Easing Explained

 

 

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Reader Comments (3)

Dec 11, 2010 at 1:17 AM | Registered CommenterDailyBail
Dec 11, 2010 at 1:31 AM | Registered CommenterDailyBail
Since May 1 they have increased the margin on silver 13 times. In the early 1980 they did in the hunt brothers with the same actions. The hunt brothers did nothing against the rules but the government/federal reserve elected to elimination that threat to money via precious metals. The difference today is we do not have 20 years of low stock prices caused by the inflation of th e1970 and we do not have the national debt of 930 billion when Reagan took office. The exchange functions is to make an orderly market but apparently they have elected to be part of the fix of the bankers and government. Volker has the yen to a 260 level at one point but it took interest rates of 15 percent do it. In 2008 JPMorgan had 10 times the exposure than what existed this year and the exchange did not raise margin requirement. There is no other way to look at it other than margin is a game of the banks and ot to control the market. That means that we really have become a communist nation with the government instead of the market setting prices. We are really doomed and we will be lucky to have only a 1930 style depression. It long overdue to get rid of the federal reserve. Also remember the record bonus checks that the bankers gave to themselves. Were they stupid and clueless or did they use the massive federal reserve money to make a killing stealing all the workers 401 accounts. Just remember we not have 80 million people who are getting retire and the social security and the 401 accounts will be gone. How many greeters can wallmart hire?
Sep 25, 2011 at 12:55 AM | Unregistered Commentertom dee

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