This going to be one the greatest financial disasters in all economic history, JP Morgan’s inevitable destruction is going to blast a whole so large in the Federal Reserve citadel of Zion, that $’s will hyper inflate Weimar style into infinity! The resulting stock market crash will make the South Sea Crash of 1720 look like a girl scouts picnic! The Learned Elders are getting confused, they call for a Gold Standard, and Silver demand increases, so they suppress the Silver $ price, and Silver demand increases, so they raise the $ price and still Silver demand increases! And of course this time there is nothing they can do about it. It was different when the Hunt Brothers got uppity with their Silver hoarding, so the Elders of Zion just bankrupted them and continued on their merry way to Ziogasmic Utopia, where all things are valued by their fiat digits that they come up with forever and ever! No this time it’s different, firstly because there are no government Reserves that the Elders can simply “privatize” and then use, they have already done that, all gone now, so its dig as fast as possible, but clearly not fast enough.
Now let me explain; JP Morgan Chase, is apparently the largest holder of Silver Bullion in the world, they are the Custodians of the electronic Silver Fund – SLV. Reported to have 100’s of millions of Silver Bullion stored safely in the vaults of JP Morgan. Now at the very same time JP Morgan holds in the silver futures market the largest amount of “Naked silver short positions”. A “naked short” is a contract where the seller of a material item, in this case – Silver, has to borrow Silver, in order to sell it at a discount price in the hope that it will buy it back again at an even lower price than what it sold it for, and then return the borrowed silver to the true owner who lent it out, plus a small commission, lease rate, insurance and transport costs! It’s absolutely absurd! It makes no sense whatsoever and anybody that tells you otherwise is talking through their hat. And it is utterly absurd to even imagine that anybody who holds an asset class in a material would seek to devalue it by borrowing someone else’s material asset and selling for less than their own asset, in the hope that it will go down even more so that they can then buy it back again, and return it to its former owner – devalued! Less the insurance, less the transport and security costs, less accounting and commission fees, and less the storage fees! In what is a naturally rising market with increasing demand…It is not possible to be that stupid with 100’s of millions of ounces of physical Silver, which world industry is constantly fighting to secure for their own future. It is inconceivable that “Naked Short Selling” is performed for financial gain and profit, to conduct naked short selling in the Silver market when you are supposedly the No. 1 holder of that metal would be financial suicide, you might as well just drink two bottles of fine whisky and then gas yourself in you Mercedes Benz, because you would be busted broke within days!
But this is exactly what the Elders would want you to believe, that JP Morgan Chase, the largest bullion dealer with the most Silver Bullion in Reserves, stored safely in their own vaults, is actually borrowing hundreds of millions of ounces of refined Silver from other owners, who they are nobody knows, but with a naked short, you must borrow the material that you do not have, otherwise it cannot be a naked short, you would be just shorting your own asset by selling it for cheaper than what it is worth, which would devalue your asset, in the hope to buy it back again at an even cheaper $ price, only to sell it again in order to devalue it again, and every time you do this you must pay, transport costs, and security, and insurance, and accounting and sales commission and, etc, etc. This is not the way one can conduct a profitable business. So this cannot work, unless, unless JP Morgan Chase is truly naked short, and in fact have no Silver at all, even though they claim to, they cannot, if they did then they couldn’t be truly naked short on the Silver futures markets. The only reason why one would naked short sell Silver is if you did not have the physical asset material you were selling, instead you had nothing at all, and it was all just a paper fraud and shuffling papers round and greasing palms all the way to merry Ziogasmic $ Utopia holding hands with Ben Bernanke and Co, skipping through the poppy fields to the Emerald City! If you had no Silver, and you had forward sold a billion ounces or two, then you really would be stark raving naked as the day you were born.
JP Morgan has certified only 30,844 ounces for delivery as held by the COMEX. 1 Silver futures contract is 5000 ounces, so JP Morgan could fill an entire 6 contracts! That is it! Yet JP Morgan has already sold some 12 million ounces of paper silver contracts into the futures market this year! It comes as no surprise that the U.S. Government may now be finding out that there is a very big problem.
On August 12th I announced that the Silver Bullets were coming, and then Silver V2 Rockets, and then the Silver Man Cometh in December – Silver then moved rapidly from $28 to where it is today just above $40! I also explained how Silver would lead Gold which it now does easily, and how attention would shift from Gold to Silver, and that this was a perfectly natural process because Silver is now more rare than Gold. The Gold bugs had to be used as a Trojan Horse, as soon as the Gold bugs got their public attention because of the Learned Elders of Zion’s intention to declare a Gold Standard once again, as soon as they built the media platform necessary to get mass public attention, the Silver bullets were released and the Silver rockets straight from the Golden Trojan Horse’s belly! And JP Morgan took a direct hit, now it just a matter of waiting for their ship to sink, and when it does its going to drag the Federal Reserve and the U.S. Government and the New York Stock Exchange down with it!