From The Guardian
The campaign to buy silver and force JP Morgan into bankruptcy could work, because of the liabilities accrued by its short-selling
For decades, the world's banking system has been on a fiat currency standard that has led to banks that are "too big to fail". They have overreached their remit of providing loans and have leeched into the political system, using our money to change the political agenda in ways that boost bank management's compensation over the interests of their depositors.
Read more.
Showing posts with label crash jp morgan. Show all posts
Showing posts with label crash jp morgan. Show all posts
Tuesday, May 10, 2011
Thursday, April 7, 2011
Max Keiser and the Silver Liberation Army
From The Intel Hub
In a follow-up to a number of articles The Intel Hub has posted on Silver, we are pleased to announce that Max Keiser has initiated a new campaign to Crash JP Morgan.
Max has just announced the formation of the Silver Liberation Army to combat what Max defines as the “Financial Terrorism” that JP Morgan has inflicted on us...
In a follow-up to a number of articles The Intel Hub has posted on Silver, we are pleased to announce that Max Keiser has initiated a new campaign to Crash JP Morgan.
Max has just announced the formation of the Silver Liberation Army to combat what Max defines as the “Financial Terrorism” that JP Morgan has inflicted on us...
Tuesday, April 5, 2011
Fed Shill on Facebook Bashing Silver
I'll skip the comments he makes trying to encourage people NOT to buy silver. Important is to notice here who he works for: The Department of Defense, and the Federal Reserve. I will just quote the one quote which for me was the most intriguingly honest. Go to the link if you want to read his other "assertions."
From Max Keiser.
The prevailing trend in [the U.S dollar] is down. We can see this, this is intentional, the US produces weapons worldwide. We must increase exports. The [U.S. dollar] must be maintained low to ensure arms distribution. Manufacturing in the US is synonymous with weapons production...
From Max Keiser.
The prevailing trend in [the U.S dollar] is down. We can see this, this is intentional, the US produces weapons worldwide. We must increase exports. The [U.S. dollar] must be maintained low to ensure arms distribution. Manufacturing in the US is synonymous with weapons production...
Wednesday, December 29, 2010
Max Keiser: Silver Campaign Working
From MaxKeiser.com
The global campaign to jack Silver to $500 and crash JP Morgan is working. Don’t be caught holding worthless paper “money.” Convert cash to Silver now while you still can. Once the price breaks $32.60 – $50 is in the bag.
The global campaign to jack Silver to $500 and crash JP Morgan is working. Don’t be caught holding worthless paper “money.” Convert cash to Silver now while you still can. Once the price breaks $32.60 – $50 is in the bag.
Thursday, December 2, 2010
Want JP Morgan to crash? Buy silver
From The Guardian
Max Keiser
guardian.co.uk, Thursday 2 December 2010 12.30 GMT
For decades, the world's banking system has been on a fiat currency standard that has led to banks that are "too big to fail". They have overreached their remit of providing loans and have leeched into the political system, using our money to change the political agenda in ways that boost bank management's compensation over the interests of their depositors.
Over the past 11 years, the Gata (Gold Anti-Trust Action) committee has worked to reveal the silver/gold price suppression scheme; thanks to whistleblower Andrew Maguire in London, an investigation has been opened. As part of the ongoing exposé, it has now become clear that JP Morgan is sitting on what is estimated to be 3.3bn ounce "short" position in silver (which they have sold short, meaning they don't own it to begin with) in an attempt to keep the price artificially low in order to keep the relative appeal of the dollar and other fiat currencies high. The potential liability for JP Morgan has been an open secret for a few years.
On my show, Keiser Report, I recently invited Michael Krieger, a regular contributor of Zero Hedge (the WikiLeaks of finance). We posited that if 5% of the world's population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their shorts – an estimated $1.5tn liability – against their market capital of $150bn, and the company would therefore go bankrupt. A few days later, I suggested on the Alex Jones show that he launch a "Google bomb" with the key phrase "crash jp morgan buy silver".
Within a couple of hours, it went viral and hundreds of videos have been made to support the campaign.
Right now, silver eagle sales for the month of November hit an all-time record high and the availability of silver on a wholesale level is drying up. The most important indicator is the price itself – holding just under a 30-year high. With each uptick JP Morgan gets closer to going bust or requiring a bailout...
Max Keiser
guardian.co.uk, Thursday 2 December 2010 12.30 GMT
For decades, the world's banking system has been on a fiat currency standard that has led to banks that are "too big to fail". They have overreached their remit of providing loans and have leeched into the political system, using our money to change the political agenda in ways that boost bank management's compensation over the interests of their depositors.
Over the past 11 years, the Gata (Gold Anti-Trust Action) committee has worked to reveal the silver/gold price suppression scheme; thanks to whistleblower Andrew Maguire in London, an investigation has been opened. As part of the ongoing exposé, it has now become clear that JP Morgan is sitting on what is estimated to be 3.3bn ounce "short" position in silver (which they have sold short, meaning they don't own it to begin with) in an attempt to keep the price artificially low in order to keep the relative appeal of the dollar and other fiat currencies high. The potential liability for JP Morgan has been an open secret for a few years.
On my show, Keiser Report, I recently invited Michael Krieger, a regular contributor of Zero Hedge (the WikiLeaks of finance). We posited that if 5% of the world's population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their shorts – an estimated $1.5tn liability – against their market capital of $150bn, and the company would therefore go bankrupt. A few days later, I suggested on the Alex Jones show that he launch a "Google bomb" with the key phrase "crash jp morgan buy silver".
Within a couple of hours, it went viral and hundreds of videos have been made to support the campaign.
Right now, silver eagle sales for the month of November hit an all-time record high and the availability of silver on a wholesale level is drying up. The most important indicator is the price itself – holding just under a 30-year high. With each uptick JP Morgan gets closer to going bust or requiring a bailout...
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