http://www.guardian.co.uk/commentisfree/2010/dec/02/jp-morgan-silver-short-selling-crash
Sounds like a plan in motion.
Do your part and tell your friends.
We've got to kill the beast somehow.
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.
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.
Showing posts with label Max Keiser. Show all posts
Showing posts with label Max Keiser. Show all posts
Saturday, December 4, 2010
Thursday, October 28, 2010
Reggie Middleton with Max Keiser on the Keiser Report Discussing Banks, Fraudclosure and Derivative Exposure
http://www.zerohedge.com/article/reggie-middleton-max-keiser-keiser-report-discussing-banks-fraudclosure-and-derivative-expos
Reggie Middleton with the rather animated Max Keiser (the guy actually had a Lloyd Blankfein action figure for waterboarding) on the Keiser Report Discussing Banks, Oligarchs, Fraudclosure & Derivative Exposure. Also included - how Britain is avoiding confrontation with suicide bankers who took down the financial system "for kicks".
Scroll on past the video after you watch it and check out the charts.
Their not hard to understand and are a real eye opener.
On Zero Interest Rates (ZIRP) and How It Is Literally Starving JP Morgan
Even as the Fed tries to reduce the cost of debt capital to damn near zero, bad things are still happening to those this exercise was meant to save. Why??? Because the responsible world wants capital to have a cost, for if it does, it enforces discipline upon those who use it – whether they acknowledge that cost or not (here’s to you Wall Street).
Reggie Middleton with the rather animated Max Keiser (the guy actually had a Lloyd Blankfein action figure for waterboarding) on the Keiser Report Discussing Banks, Oligarchs, Fraudclosure & Derivative Exposure. Also included - how Britain is avoiding confrontation with suicide bankers who took down the financial system "for kicks".
Scroll on past the video after you watch it and check out the charts.
Their not hard to understand and are a real eye opener.
On Zero Interest Rates (ZIRP) and How It Is Literally Starving JP Morgan
Even as the Fed tries to reduce the cost of debt capital to damn near zero, bad things are still happening to those this exercise was meant to save. Why??? Because the responsible world wants capital to have a cost, for if it does, it enforces discipline upon those who use it – whether they acknowledge that cost or not (here’s to you Wall Street).
Friday, July 24, 2009
Max Keiser Slams Goldman Sachs Paulson and Bernanke Guilty of Treason Part 1of of 2
http://www.youtube.com/watch?v=z03CEew7cWw&feature=related
Max Keiser cutting to the bottom line of Goldman Sachs
Max Keiser cutting to the bottom line of Goldman Sachs
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