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Is J.P. Morgan Getting Squeezed In Silver Market? (Banking giant trying to suppress price)
Beniznga ^ | 12/06/2010 | Scott Rubin

Posted on 12/06/2010 2:40:18 PM PST by SeekAndFind

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To: SeekAndFind

I have found this website to be a very useful source of information on the economy, gold, and silver.

http://goldismoney.info/forums/


21 posted on 12/06/2010 3:37:45 PM PST by Silver Sabre
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To: tired1
How is JPM going to weasel out of this?

They cornered the copper market on the long side to hedge and effectively neuter the damage on their short silver position.

22 posted on 12/06/2010 3:42:08 PM PST by MrDem (Founder: Democrats for Cheney/Palin 2012)
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To: SeekAndFind

sfl


23 posted on 12/06/2010 3:48:56 PM PST by phockthis
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To: BipolarBob
Naked shorting is illegal.

Naked short selling of stock is illegal.

Any odds that nobody will go to jail?

Why would any one go to jail for selling contracts on the futures exchange?

If I tried this, I’d be looking at some serious slammer time.

You can sell futures contacts on the exchange and I guarantee you won't go to jail.

24 posted on 12/06/2010 3:49:01 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: GladesGuru

The Hunt bros bought silver to drive up the price. JPM is shorting it to try to keep it down. that wont work any better.


25 posted on 12/06/2010 3:52:51 PM PST by Hugin ("A man'll usually tell you his bad intentions if you listen and let yourself hear it"--- Open Range)
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To: tired1

“How is JPM going to weasel out of this?”

JPM is doing this on behalf of the Fed and the US Government. The government will weasel them out of it one way or another.

Probably by restrictions on the volume of call options for the physical delivery on their contracts

It’s not like there are rules and laws anymore. They make up the rules as they go with this crew.


26 posted on 12/06/2010 3:54:44 PM PST by rdcbn
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To: Hugin

My point exactly - Baron De Rothschild warned about trying to call the top or bottom of a market. He said against such attempts.

But, what would he know?


27 posted on 12/06/2010 5:51:59 PM PST by GladesGuru (In a society predicated upon freedom, it is essential to examine principles,)
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To: GladesGuru
You're right it'd the same deal as with the Hunt brothers. At least the goal is the same.

Control the silver and become exceedingly rich and if it don't work we'll have our economic slaves pick up the tab.

These blatant, greedy cold hearted Washington hypocrites and their rich corporate owners are spending and have spent our country with it's vast wealth and great promise to our children and mankind into oblivion and they blame it on the people.

Those that have done this terrible evil thing think that their wealth will protect them from the awful suffering that is coming but they are all fools.

Millions will not work when they can't make enough to feed their families and they will not stand quietly by while they and their children die.

They will seek out those who have it.

When they finish destroying our laws and Constitution they had better hope and pray it isn't replaced by the law of the Jungle.

28 posted on 12/06/2010 10:18:16 PM PST by mississippi red-neck (You will never win the war on terrorism by fighting it in Iraq and funding it in the West Bank.)
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