In 2008, JPM and 3 other banks sold world half years of production worth of silver contracts. JPM inherited large short position from bear stern. Of course, they have no physical silver to deliver. They were all paper. Such manipulation on paper caused spot price dropped as low as $8. Such manipulation was ver successful.
Up to today, there are still large amount of silver shorts out there in these four players hand.
When these undeliverable contracts got blow up in their face, we expect silver to triple from current level. Just like it went from 15 to 50 in just few months.
Lol..
所有跟帖:
• Thanks JP Morgan, Thanks Bernanke. -天下多蚤- ♀ (625 bytes) () 03/01/2012 postreply 17:23:29
• hey man, you really nailed it. -hercules007- ♂ (334 bytes) () 03/01/2012 postreply 17:49:46
• 苦海無邊 回頭無岸啊 -天下多蚤- ♀ (227 bytes) () 03/01/2012 postreply 18:14:28
• people need to break the matrix. -hercules007- ♂ (0 bytes) () 03/01/2012 postreply 18:37:39
• why should I. Within four years my asset 翻了兩番 400%,and has posit -qiaoshe- ♀ (167 bytes) () 03/01/2012 postreply 19:00:26
• 你比Rober Shiller牛. LOL -天下多蚤- ♀ (191 bytes) () 03/01/2012 postreply 19:49:48
• Interesting,How do you get that figure? I hope you are not FBI. -qiaoshe- ♀ (0 bytes) () 03/01/2012 postreply 19:53:09
• did you say 400% -天下多蚤- ♀ (55 bytes) () 03/01/2012 postreply 19:55:35
• I said my asset 翻了兩番。I Didn't say my -qiaoshe- ♀ (66 bytes) () 03/01/2012 postreply 20:11:56
• so what is the point compare your assets with gold? -天下多蚤- ♀ (132 bytes) () 03/02/2012 postreply 07:35:23
• Here is some comments for references. -天下多蚤- ♀ (2258 bytes) () 03/01/2012 postreply 18:03:41
• Dream on. Hope you all your dreams come true. -qiaoshe- ♀ (0 bytes) () 03/01/2012 postreply 19:03:04