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Google search: Crash jpmorgan buy silver - Page 2
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Thread: Google search: Crash jpmorgan buy silver

  1. #11
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    Default This thing is gathering some momentum.

    There's now a Youtube channel called "CrashJPMorgan".

    Video: Crash JP Morgan buy silver
    http://www.youtube.com/watch?v=bWnNJMwqaKA
    All original wealth comes out of the ground.

  2. #12
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    Dangerous game exposing your stash like that O.O

    Even if it doesn't get out much beyond the silverbug community in the West there are millions of new physical buyers out there now with names like Wong and Li.

  3. #13
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    Ambulance chaser talks: http://youtube.com/v/H8ok4fqblQ8&amp
    Last edited by silverfish; 14th November 2010 at 06:47. Reason: trying to embed and failing dismally

  4. #14
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    Default Now we know who shot JFK.

    "I foresee little future in 'the price of silver', I see a huge future for 'the price in silver'." - heartbone
    "The truth is called hate by those who hate the truth." - K

  5. #15
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    Quote Originally Posted by silverfish View Post
    Dangerous game exposing your stash like that O.O

    Even if it doesn't get out much beyond the silverbug community in the West there are millions of new physical buyers out there now with names like Wong and Li.
    Love that he's drinking a rum and coke.

    And pretty sure that if "everyone" (meaning 310 million ounces) in the US went out and bought an ounce it would not crash JPM.

    "NIA estimates that $50 per ounce silver would mean approximately $4 billion in losses to JP Morgan."

    JP Morgan Chase:
    Total Assets = $2 TRILLION
    Losses Due to Silver Shorting = 0.002%

    Yeah...so...unless you can whip out a $1.5 trillion cheque during the next APMEX Holiday Sale...JPM doesn't give a ****.

    p.s. -- in the last decade JPM has paid out $5 billion in fines and settlements and they are still going strong. Silver will NOT crash JPM!
    Caedite eos.

  6. #16
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    Doesn't sound like they ever really needed that $25bn bailout cash then - explains how they paid it back so fast. Point is they could have a lot of assets but cashflow problems could still cause them difficulties (can we have our cheque for 4bn for the silver you bought by COB today?). You're no doubt right but the little guy has to try to make a stand somewhere.

  7. #17
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    zr4 is offline Silver Seeker Senior Member Site Admin
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    Default

    Sounds like this thing is going viral. It would pretty cool to get it #1 in google trends.

  8. #18
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    Quote Originally Posted by silverfish View Post
    Doesn't sound like they ever really needed that $25bn bailout cash then - explains how they paid it back so fast. Point is they could have a lot of assets but cashflow problems could still cause them difficulties (can we have our cheque for 4bn for the silver you bought by COB today?).
    JPM Profit = $12 billion.
    A $4B loss would be, obviously, a 33% loss in profit.

    Yes, it would drive share price down.
    But I can't see the loss happening all at once, as in within a few days.
    They very well may jettison their short positions all along therefore lessening their short exposure, lessening the value of margin call, lessening the forecasted loss. Obviously that's just what they have been doing for the past couple of years already:

    "August, 2008 JP Morgan and HSBC controlled over 85 percent of the commercial net short position in COMEX silver futures, and that this represented a short interest of 169 million troy ounces of silver...March, 2010 the net short positions of silver futures held by commercial banks, of which Defendants comprise the vast majority, have been reduced by more than 30%" ~ 118 Moz.

    Some have said JPM has 40% of all COMEX shorts (reduced now by 30%) would now stand @ ~55 Moz.

    55 Moz. X $50/oz = $2.75 billion

    So...I'm no futures expert...maybe Shelley could help us out here in figuring the true "loss" to JPM.


    Quote Originally Posted by silverfish View Post
    You're no doubt right but the little guy has to try to make a stand somewhere.
    Yup. That's why I say "Rule #1 is Take Care of #1!" Should be obvious by now the average citizen is powerless against fraud street, corporate mcmerica, and its own government. All you can do it focus your energies on yourself and family first. There will always be some form of protection (giggle) and some form of profit -- it's your job to figure out what those will be. Forget about trying change the system.
    Caedite eos.

  9. #19
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    Default

    Quote Originally Posted by maplesilverbug View Post
    Love that he's drinking a rum and coke.

    And pretty sure that if "everyone" (meaning 310 million ounces) in the US went out and bought an ounce it would not crash JPM.

    "NIA estimates that $50 per ounce silver would mean approximately $4 billion in losses to JP Morgan."

    JP Morgan Chase:
    Total Assets = $2 TRILLION
    Losses Due to Silver Shorting = 0.002%

    Yeah...so...unless you can whip out a $1.5 trillion cheque during the next APMEX Holiday Sale...JPM doesn't give a ****.

    p.s. -- in the last decade JPM has paid out $5 billion in fines and settlements and they are still going strong. Silver will NOT crash JPM!
    Consider that JPM would have to come up with the metal to cover their short positions (not a chance), while the physical market would start to massively shrink with help from all the little people/commoners chiseling away.

    We all know that they'd end up settling in cash on the Comex, but not before their skullduggery was exposed & the spot price of silver seriously ran up in the process bringing even heavier losses to their balance sheets. Likely, many more class-action lawsuits would follow creating the possibility of future liability in the minds of JPM share holders.

    The main point is that the price of JPM shares would plummet on the open market as a result. This is how they'd bleed the most & cause them the most damage. This is what Max keiser is talking about when he refers to crashing JPM. If you take their share price down to nothing, you take them down.
    All original wealth comes out of the ground.

  10. #20
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    I'm betting it does NOT happen.

    First off, all the "little people/commoners" don't have the financial intelligence or resources to do much of anything. I've posted much on this.

    Second, the SEC (et al) is a joke. JPM are hardly scared of any flaccid "regulation" group.

    Thirdly, JPM stock went down by almost 70% during the '08 crash.
    Sure, they are still under 20% from pre-crash levels but it's not like they folded.

    JPM may or may not take a substantial hit during the next year or few.
    They will use their political and financial connections to subdue any kind of complete catastrophe.

    Regardless of what happens with/to JPM, I'm long silver.

    (And think about this...JPM manipulation might have cost silver traders money, but QE Benny's currency manipulation has cost every single citizen money. Whereas the JPM manip can be ceased, Benny's **** up will hurt every person for years to come. Don't see him goin' to the slammer...)
    Caedite eos.

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