JP Morgan has trillions of dollars of short positions in the silver market, betting the price of silver will go down.
If everyone goes out and buys just 1 silver coin, the silver market which is leveraged 45 to 1 will implode, JP Morgan will not be able to deliver on their silver delivery contracts.
Show the world that YOU can win.
Tuesday, November 30, 2010
Subscribe to:
Post Comments (Atom)
1 comment:
Haha that would be amazing if that happened. Effectively they're just gambling and hoping that the value of silver drops, but it's never right to gamble with trillions of dollars! I wonder what the consequences would be if they got it wrong, heads would roll.
Post a Comment