Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Read the comments at the end to see the sheeple reaction to Max's Buy Silver Crash JP Morgan campaign...
A sad state of affairs is what it is. Most just don't get it. Probably never will.
http://www.guardian.co.uk/commentisf...-selling-crash
Quote:
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.
Here's how the campaign works: wealth tied to a fiat currency is easily overwhelmed by wealth tied to silver and gold. And the world is waking up to the fact that they have the ability, without government assistance or other interference, to create a new precious metals-based backed currency system by simply converting their fiat paper into real money.
This campaign has 100% chance of working; it falls into the category of a self-fulfilling prophecy. As more individuals buy silver and gold, all attempts to replenish the system with more paper money will only cause the purchasing power of the silver and gold to increase – thus prompting more people to buy more. Any attempts to bail out JP Morgan would have the same effect. If the US Fed was to flood the system with bailout money for JP Morgan to cover their silver short position (as they did after the collapse of Long-Term Capital Management), more inflation will ensue and the price of silver and gold will rise more, triggering more purchases. A virtuous circle is born.
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Cute video that explains this problem so any dummy (like me) can understand:
"The Goldman Sack Blows The Whistle On The JP Morgue Silver Manipulation Scheme"
http://www.zerohedge.com/article/gol...ulation-scheme
http://www.youtube.com/v/Gl47z2g2EvI...dded&version=3
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Quote:
Originally Posted by Glass
Max Keiser launches a concerted campaign to bring down major silver market manipulators and all round fraud guys JP Morgan.
I love this campaign. I bought a S.A.E. on my break this afternoon. It felt good carrying it in my pocket, knowing that I was not only buying something that will likely go up in value, but I was also doing my part to help bring down a financial terrorist. 8)
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
крах JP Morgan, купить серебряный !
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
Quote:
Originally Posted by osoab
Has anyone actually received a Silver Keiser yet? I got an email from BidBullion back on Jan 24th offering a bunch of excuses as to why the order has not been shipped yet. My order was placed on Dec 13th.
I've not heard back from BB yet as to when delivery will take place. Be interesting to see if anyone has taken delivery yet.
From a reader on his site:
Re: Max Keiser launches campaign to Crash JP Morgan - Buy Silver!
March 2, 2011, 7:40 pm
A Conspiracy With a Silver Lining
By WILLIAM D. COHAN
