“For the third time this year, the Silver price moved above the JPM stock price.” This is significant for more than symbolic reasons. As the outspoken and irrepressible Max Keiser has revealed, the JPM stock shares are being used as feedstock in certain programs by the big insolvent corrupted bank to short the Silver metal price. Not only are the JPM naked Silver short futures position underwater by an estimated $25 average per contract at least, but their usage of company stock has backfired. They are the proud owners of over 3 billion ounces of uncollateralized (naked) short positions in Silver, a figure cited by insiders. That translates to $70 billion in red ink on their USDollar defensive position. Their JPM share feeder shorts of Silver are losers also, a nasty twist. When the big US bank stock share prices took a beating in the last two weeks, it reflected badly on their Silver shorts as an added kick in the goolies. JPMorgan has been counterfeiting USTreasury Bonds for many years, doing the Italian method of double sale per serial number. Records for both their deep Enron involvement and their USTBond forgery were submerged in Building #7 of the World Trade Center in a carefully designed demolition. Keiser openly despises JPMorgan. He serves as a great litmus test for Wall Street tendency toward violence in silencing its harshest critics.
I’m betting on a collapse that will be so sudden and ugly that JPM won’t have any fire power left for retribution. EXIBIT A: I have been much, much deeper into the shenanigans at primary US T-bond dealer, and 9/11 superstar, CantorFitzgerald. Forcing them (via the MPAA) to gut their box office futures contracts after they spent $22 mn. developing the product. Blowback was ZERO. I expect the same for JPM. These guys are in survival mode. You saw GS after the close, right? Major s*** about to blow up in their face too. I’m not betting against these guys because it’s hard. I’m betting against these guys because it’s easy.
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How ’bout a delicious cup of Truth about Markets?
fuck Max. i don’t like this shit. this is the part i don’t fucking like. Stacy?
hello Geithner
oooooowwwwwwww
ouch
so…. THAT is the cause of that collapse of building nr 7
i mean – i take this as a plausible explanation, just hadnt heard of it
dang….
PS yes but if JPM goes bankrupt, will they care?
Something tells me, they are even betting on that
What would they care
They’re not stupid, i think they know
and they make money either way
like the FED, betting with PUTS on their OWN demise
bastards
Oh this is just getting better and better…
This Willy guy is quite scared himself I understood in some interview. He is somewhere in the jungle or remote island…
just read it Geithner. Max ain’t afraid of the kochsuckers.
gold breaks 1900
Maybe they will blow up the Eifel tower or fly Bob Moriarty in it (of http://www.321gold.com) and try to land it on Max while being interviewed.
HOOOEEEYYYYYYYY!!!!!!!!
Lookie at gold goooooooooooooooOOOOOOOOOOOOOOOOOOOO…….
1900.600 BABYYYYYYYYYYYYYYYYYYYYYYY
my keisers will be worth a fucking fortune. http://www.youtube.com/watch?v=wzHG329DmIU
@Chervonets
some kind of false flag event THAT would be
told a mate gold will hit US$2000 end Aug, a week ago. he said i was crazy- both could be right
http://www.youtube.com/watch?v=PVcCVd_eumA&feature=related
Defiant to the Maxxxxxxxxxxxxxx.
In other news:
Australian Steelmakers Add To Economic Gloom
http://online.wsj.com/article/SB10001424053111903461304576523262647460434.html
Warning: More than 100,000 could be jobless soon as Australian economy slows - http://www.news.com.au/money/over-100000-could-join-unemployed-ranks/story-e6frfmci-1226120070199
I like how just yesterday I could type in JPM into google and their stock price would be available to see live right away. Not anymore…
I think the financials got tired of making it super easy for the world to see the 2011 collapse in real time!
For Everyone’s enjoyment here is a nice Scottish new-wave indie band with their song
Wish (I wont dance when the banks collapse) They seem to be awake to the real world.
The Cinematics
http://www.youtube.com/watch?v=4wE7HcfT11U
This is what I come to this site to see.
Thanks maxkeiser and stacyherbert.
How many times do you have to prove JPM will go down on those silver shorts.
YAY! GIABO for real here. A two pronged attack. Riots and SLA.
Looks like we might have the formula to the lemony fresh scent of victory!
So if JPM goes the way of Enron in the next week or so what can we expect?
Can anyone give a blow by blow before it happens based on previous events like this, what are the wider reaching implications. Will it settle uncertainty over Europe as the relative risk in investing in US banks tips to looking worse than eurobanks?
Very interesting, if worrying, times ahead.
Also what will this do to the US bond market, since JPM are so heavily involved in that, ahem, game.
http://www.news.com.au/money/property/property-hammered-on-the-block/story-e6frfmd0-1226119703838
THEIR homes starred in the year’s most popular TV show – but not even 3.43 million viewers could save The Block from Australia’s flatlining property market.
The tears from contestants after three of the four properties failed to sell at auction are a stark reflection of the reality for vendors across the country.
I’m with you that the morgue collapse will be sudden and ugly Max. Not just them though, I really think there will be a massive collapse in the markets and it will happen so fast that no-one will have time to sell without huge, catastrophic losses.
If gold is never in a bubble then why did it go from $800/oz in the 80′s to $262/oz around the year 2000?
Max, where’s the “For the third time this year . . . ” quote from? Can you provide a link?
Beer’d
Looks like you read the first few words and decided to react without reading the rest.
“It is the messenger recording the sickness and impairment of the world financial structure.”
Get it yet?
Read the rest: http://www.goldenjackass.com/members/aug2011_v2.htm – or shut up.
@S/P. yes. fuck off Beardo. read the thread you prick.
So when is JPm collapse happening because we have all been waiting a long time?
Max? anyone? prepared to give a timeframe?
“It is the messenger recording the sickness and impairment of the world financial structure.” SP
Get it yet? SilverPorno
I “got it” years ago. I have since left the “cult of gold.”
you prick. rawnrawn
Yep, pricks are dangerous around bubbles. Pow!
Beer’d
You couldn’t have read that article in 10 mins. So, again, you’re making judgements without looking at the facts first. That’s a very closed-minded way to be.
Ok, that’s the way you are. I prefer to look at the facts now, not make judgments built from past prejudices.
The truth is only revealed now, never in the past.
Cripes, what was that with gold just now? $1908!
@Beardo. Jim thinks there could be a danger to Max. we don.t really give a fuck about a gold standard. read stuff and shut up for a few days.
J.P Morgan Chase helps feed the hungry
https://www.chase.com/online/commercial-bank/solutions-cdf.htm?flv_movie_name=151571_pots.mp4
(cheap PR)
@rawnrawn
More beer required for beer’d methinks. H’s clearly not drinking quite enough yet. If he was, we might hear some sense… hehehe.
Maybe now they’ll try the paul krugman solution.
Looks like gold leaped just as the Globex opened.
“Buy Buy Buy” they all screamed.
@S/P. yep. stupid cunt.
@SP,
I had an open mind about gold for a long time. I have considered it and found it wanting. It does nothing about the problem of fractional reserves and usury.
@S/P. the thing is, if you mouth off to Beardo? your in trouble with Stacy. he told her she looked good in stripes. watch yourself. hahaha. fuck
@ F.Beard
Notice the US$ ticker.
It looks like its on life support. That little heart attack a few hours ago will translate into Asia soon.
I say 4% + for silver today, and Gold will go up another 1%
So tomorrow the Wall Street crooks will have that to deal with.
——————-]
City’s bullion dealers incur Rs100 crore loss after betting on rising gold prices
The steep upward movement in gold prices has come as a shock for many. Around 60 bullion dealers in Mumbai have together suffered a loss of over Rs100 crore after they placed bets on the gold price. Of these, two bullion traders suffered a loss of Rs20 crore each.
The bullion traders, all having offices in Zaveri Bazar area, had been indulging in illegal bets.
As per procedure, the punters place bets on the opening price of gold next day and the closing price the same day. Some also indulge in “forward trading” by betting on gold price touching a new high after a few months.
Traders in the market said that these bullion dealers had placed bets last month, when gold was close to Rs23,000 per 10 gram, on the yellow metal touching Rs26,000 per 10 gram mark by Diwali. They placed bets on hundreds of kilogrammes each, with the two suffering maximum loss placing bets on 1,000kg gold each.
@rawnrawn
ok, righto, here we go…
hey, beer’d
*ahem*
luv you. you’re so cuddly. ahhh. would you like another drink? anything you like at all, yes anything, just ask…
luv you. 
Stacy will love that. I think I’m safe.
fuck, did I really type that shit?
Gold is tied to interest rates. if US defaults, interest rates jump, POP, goes the gold bubble. Interest rates can change for any numbber of reasons and without warning. Stop saying gold is money and not a commodity.
@S/P. your safe now. lol.
gold is money. so is silver. silver more so.
he told her she looked good in stripes. rawnrawn
Horizontal ones since that is what good revolutionaries wear. Schiff wears vertical ones so he must be a reactionary. As for Max, he wears diagonally stripped ties so he hasn’t decided what he is.
@Beardo. i told you to shut up for a few days.
You know rawnrawn, you maybe right. I’ve lost my zest lately for the fight.
@Beardo. on your days off. pick up some silver bars.
The 68 – 95 – 99.7 Rule….One ‘standard deviation’ is 68.27% of asset price moves. 95.45% is two standard deviations, and three SDs is 99.73%. The problem with predicting bubbles is that you need a crystal ball to predict the future. Two ‘standard deviations’ above the ‘long term trend’ (for a normal distribution, that represents the top 2% of values) is where a ‘bubble’ officially inflates. Here we are in a ‘volatile’ market thanks to S&P. so wild fluctuations are the order of the day, and Mr. Ben Bernanke is printing dosh at 40% or more? of US expenditure …So What? does the crystal ball say the ‘long term trend’ is going to look like? NOT a bed of roses! that is for sure! Large Gold price increases need not imply a bubble, as they did way back in early 1980. On July 27th The Economist issued dire warnings of a Gold bubble at $1622, claiming the two SD rule as support. I often get my maths wrong, it’s embarrassing! but I doubt the Economist journo checked any figures! Folk take a position in Gold as a backstop! They hope they and their family will eat and not starve, if ever the fit hits the shan big time!
What would the fit hitting the shan look like? …Take that top 2% of asset class, JPM and GS are bound to be there. Now suppose 5% of that asset class are wiped out! WHERE DOES THAT LEAVE OUR 68 – 95 – 99.7 RULE?….!?!….A plumet to zero is an infinite, the mathematics of infinity are a subject all of their own. Wacky concepts like Georg Cantor’s “Transfinite Series” and “Hilbert’s Spooky Hotel”. You need an infinite quantity of Gold to book a room at Hilbert’s Hotel. Parties of infinite customers keep turning up, and there is always rooms to spare!
Awww @ Effy
No Zest Here have some on me No Charge
http://www.emobiswimwear.com/MEDIA/Zest/Zest_Magazine_Cover_Sept_08.jpg
@Beardo. after your silver purchase, burn your bible. you will be relieved. see you Wednesday.
burn your bible. you will be relieved. rawnrawn
Not a chance. I think I’m down cause I said something bad about Rick Perry even though I know next to nothing about him. Me bad. Now I got’s a pain on my brain. Ouch!
Kapt’n Kash sez:
Keepin’ Kash is craaayyyzeeeeeee.
And let us know as soon as you buy some silver, ta.
(we’ll sell like crazy).
http://www.youtube.com/watch?v=k7K4jH7NqUw
Johnny Cash-Walk The Line
These days, people aren’t so eager for Cash.
Say interests rates do jump when dollar collapses. What is interest on toilet paper worth now? This is not the early 80s. Volker style. I would rather have PMs
Oh I forgot if interest rates are 50% I get one and a half pieces of toilet paper for every one I bought. Who wants Gold when such a deal is available?
Do you really want to go long toilet paper and short Gold.
Hmmm
http://www.youtube.com/watch?v=ml4HylhHFGk
@ F Beard
C’mon Beardo.. don’t quit.. they are just a bunch of recruiters. Democracy needs you and you make some good points that are well worth the effort of considering and I say that as a 59 year old with grandchildren that I fear for.
Yeah Effy
Democracy needs yo……. Oh look Silver just Broke 44 $ The Asian Markets are open
LondonFix XAG 41.86AUD +3.47%
@ all (to whom it may concern)
Stop feeding the troll F.Beard.
Vade Retro Satanas!
@SilverCondom:
I hear ya, bro. Personally, I’m past the point where I bother reading his posts, which not only saves me time but also helps removes temptation
“I’m betting on a collapse that will be so sudden and ugly that JPM won’t have any fire power left for retribution.”
What then? Why do I care?
Gene Burnett – Jump You F*#kers (A Song For Wall Street)
watch?v=yge311sFhC8
@ Silver Condom
@ all (to whom it may concern)
Stop feeding the troll F.Beard.
Stop recruiting… get a spine.