How sweet it is, in the
MSM there is an article about JP Morgan and their silver manipulation with all the Silver shorts. The article even implies JP Morgan is doing for the Federal Reserve!
It is really getting out there, about JP Morgan and Silver now! As this article says "Watch the price this week"!
Small Portion:
It is widely known that
J.P. Morgan holds a giant short position in silver. Furthermore, some observers are accusing
the bank of acting as an agent for the Federal Reserve in the market - every tick higher in the price of silver undermines confidence in the
U.S. Dollar. A lower silver price helps keep the relative appeal of the U.S. dollar and other fiat currencies high.
By selling massive amounts of paper silver in the futures market, JPM has been able to suppress the price of the precious metal. It is believed that these short positions are naked (i.e. they are not backed by any physical silver). In fact, reports indicate that JPM is short more paper silver than physically exists in the world.
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