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Move Your Money Part 2: Buy Silver to Help Stop Market Manipulation and Show Too Big To Fail Banks Like JP Morgan Who Is Boss

George Washington's picture




 

Washington’s Blog

Leading economists and financial experts say that our economy cannot recover until the too big to fails are broken up. See this and this. The giant banks have been sucking money out of the real economy and making us all poorer. But the government is refusing to even rein in the mega-banks, let alone break them up.

One of the too big to fails - JP Morgan - manipulates the silver market. See this, this, this and this.

Mike Krieger and Max Keiser have an idea for attacking the weak
underbelly of the seemingly invincible too big to fail banks and market
manipulators ... all at the same time.

Specifically, they say that if everyone buys just 1 ounce of silver, it will force JP Morgan - a giant manipulator of the silver market - to cover its short positions, and drive it out of business.

Watch these short videos for an explanation:

 

 

 

 

 

Silver is way down today, so it is a perfect time to buy.

Disclaimer: I'm not an investment adviser and this should not be considered investment advice.

No, I'm not short JPM or any bank or financial. I own some silver, but am not leveraged through a 2X ETF etc.

 

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Fri, 11/12/2010 - 14:32 | 722750 Herd Redirectio...
Herd Redirection Committee's picture

I have been telling people for a year that a bet on silver is a bet against JP Morgan!  I think it has scared most of my friends away from silver, to be honest, but now that the performance is there for all to see it looks like there will be some rubbing it in, by yours truly!

I was glad to take the bet against JPM!  The day we actually believe these criminals are smarter than us, as they so often attempt to convince us, is the day they win.  The day we believe their BS will never come, sorry, banksters!

http://psychonews.site90.net

Fri, 11/12/2010 - 14:10 | 722639 williambanzai7
williambanzai7's picture

Fri, 11/12/2010 - 14:28 | 722725 George Washington
George Washington's picture

Awesome graphic.  Is there any way to make it so there is only a small field of black around it?  It would likely go more viral that way.

Sat, 11/13/2010 - 01:46 | 724302 StychoKiller
StychoKiller's picture

Just download gimp (general image manipulation program [public domain Photoshop-like program] -- evan available for Windoze!), and you too can become a graphics artist!

Fri, 11/12/2010 - 15:04 | 722871 williambanzai7
williambanzai7's picture

Wait and see what is coming ;-)

Fri, 11/12/2010 - 21:19 | 723870 surfeitndearth
surfeitndearth's picture

Sent my little bullet late this morning. How sweet it was.

Fri, 11/12/2010 - 14:29 | 722730 doomandbloom
doomandbloom's picture

also if you could add a date...or a week...that we could do this on..

Fri, 11/12/2010 - 14:26 | 722714 DavidC
DavidC's picture

Loved it William!

DavidC

Fri, 11/12/2010 - 13:58 | 722599 Shameful
Shameful's picture

Bought 60 this morning.  Just wish I had waited another hour for a lower price.  I swear to God it always goes down right after I buy.  Though guess I should be grateful to Blythe for helping with the price anyway.

Fri, 11/12/2010 - 14:40 | 722783 Azannoth
Azannoth's picture

"I swear to <> it always goes down right after I buy" >You too ?

 

I am wondering if they can distinguish between retail and other buyers and than when enough retail buy in they crash it ?

Fri, 11/12/2010 - 15:01 | 722862 Max Hunter
Max Hunter's picture

Post this article to your Facebook!!  We all need to do this..

Sat, 11/13/2010 - 09:20 | 724582 Azannoth
Azannoth's picture

They have the regulators on their side, if they ran out of silver they simply fart in our direction and make nothing of it, just keep buying untill you reach 15% of your investable assests and than buy on dips

Fri, 11/12/2010 - 14:19 | 722681 whisperin
whisperin's picture

So uh, like could you let us know next time so we can buy later??!!

Whisperin

Sat, 11/13/2010 - 09:24 | 724586 Azannoth
Azannoth's picture

I'd say buy now, after the 'flash crash' in PMs it won't get cheaper (ever)

Sat, 11/13/2010 - 10:40 | 724638 Imminent Crucible
Imminent Crucible's picture

Don't worry about the timing.  I won't matter.  I've been buying silver since the 1990s.  I bought around $5, it went to $4.25.  I bought around $6, it went to $5.50 for a bit.  No hay problema.

In 2008, when silver went through $20 for the first time, I decided to wait until it fell back under $20 to buy.  Those $19 purchases looked stupid when it subsequently crashed under $10, thanks to JPM.  I just shrugged and bought hundreds more ounces around $9.

Now I'm waiting for a return to the $20 level that I may never see.  If you're hesitating because you're not sure about how liquid silver bullion is, don't worry about it.  My dealers are buying silver back at prices above spot.

For fun, use this link to see what people are paying for 1 oz. silver rounds on eBay.  Hint: it's not uncommon to get $40 plus shipping for one ounce:

http://www.24hgold.com/english/buy_sell_silver_coins.aspx?co_id=0

I'm leaving soon for Mexico to see if I can arb some Libertads.  I bought some years ago for $5 and change; people are happily paying up to $35 for them today.

Do NOT follow this link or you will be banned from the site!