anybody remember all the hubbub over jp morgan chase and physical silver? mike maloney, max keiser and other loons were really promoting this thing a few years ago can anyone explain to me what happened? CRASH JP MORGAN BUY SILVER JP Morgan Chase has a massive short position on silver – why? Because of their tremendous influence over the markets, their very large short position on silver functions to keep the price of silver artificially low. Why would they do that? Because the bankers are terrified of silver being used as money. If people take back silver (and gold) as a form of money, the banking monopoly over money shall be broken. Furthermore, because a short position is a leveraged position, if we force the price of silver higher (and it will go much higher as a result of this campaign due to the very scarce nature of silver supplies around the globe), JP Morgan Chase will be forced to cover – to pay up the difference between it’s position and the new price. Again, as short positions are leveraged positions and as silver is in such a limited supply, JP Morgan Chase and any with substantive short positions on silver will be forced to pay, literally, an exponentially higher fee to cover their position. If enough people join in this campaign, we can actually sink JP Morgan Chase and protect ourselves from the ongoing collapse of global currencies and the continuous market manipulations of the global banks. http://earthsociety.org/thelibertarian/?p=905 [video=youtube;QCM7rMIqxmk]https://www.youtube.com/watch?v=QCM7rMIqxmk[/video]
