“jamie dimom played by A. Hitler in “Crash JP Morgan Buy Silver - Max Keiser vs. Jamie Dimon’”
Very bad language, very funny. Yes, it be a hitler spoof!
http://www.youtube.com/watch?v=I0mhX9hpq3g
Ramifications lol No Jamie Dimon is obama’s favorite banker
I have read a lot about JP Morgan manipulating the price of silver to hold it down, but have never seen an explanation as to why JP Morgan cares what the price of silver is. Anybody got an idea?
People would be very STUPID to think that JPM is a bunch of idiots and they will get caught in this like some 20 year old newbie who thinks they can play the market on max margin. JPM has conered the copper market. That is their hedge vs their short silver position. They are essentially flat at this point. Don’t bet your mortgage money that JPM will get caught in this.
That they need to cover another 300 million+ short shares which means $50-$100 silver over the next couple of years.