JP Morgan stacking physical silver, and manipulating the silver market.

Oddjob said:
or have engineered a way to hide it away from financial disclosure
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probably this. like some kind of offshore subsidiary

Jason1 said:
It wont be long lived. but Id say it will go big quick and go down quicker.
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If you look at the charts, its goes up real quick and down a little slower by lower lows and lower highs, gives a little bit more time, its missing out on a ticket on the rocket ship that hurts.
 
Perhaps it's really simple ?

JP Morgan might know that gold and silver are real money and the gold / silver ratio suggests that silver is a bargain.

Perhaps they also know that if you can't hold it, you don't own it.
 
Most of these "JP Morgan holds physical silver" are based on how much silver is is JP Morgan's Comex warehouse, which shows what morons they are because running a vault doesn't mean you own what's in it. Current warehouses and silver stocks in millions of ounces (R = registered, E - eligible) are:
  • Brinks - 26.7 R, 20.5 E
  • CNT - 32.0 R, 11.9 E
  • Delaware - 1.6 R, 13.7 E
  • HSBC - 10.0 R, 19.2 E
  • JPM - 4.7 R, 148.6 E
  • Scotia - 9.0 R, 9.9 E
On that logic, Brinks is also stacking silver?
 
Oddjob said:
JPM are either buying silver and holding it for someone else, or they are lying about about holding it in their own name. Basis for the statement, their latest financials (worth a read) show no holdings of silver or gold in their Balance Sheet or accompanying notes.
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The reason they don't disclose silver or gold is because it isn't a material amount in terms of their overall operations, so nothing dodgy going on there, it is in compliance with accounting rules. Note that Scotiabank does actually report on their gold separately because it is significant part of their business.

BTW, regarding Comex warehouse stocks, you have to be careful reading too much into them because it can be used to window dress. See this https://goldchat.blogspot.com/2012/02/martin-armstrong-on-metals-manipulation.html from Martin Armstrong "To create the fundamental, they moved inventory from New York to London. They were manipulating silver as always. Playing games with the inventories. They were moving silver from New York to London where the Buffett orders were being executed. This made the US warehouse inventories drop sharply. Go look at the analysts who talked silver up on that very fundamental. If they said there was a shortage of silver and you better buy it is going to $100, then you may be dealing with a shill or a biased analyst."
 
Number 47 said:
Perhaps it's really simple ?
JP Morgan might know that gold and silver are real money and the gold / silver ratio suggests that silver is a bargain.
Perhaps they also know that if you can't hold it, you don't own it.
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Shouldn't we all be doing what the House Of Morgan is doing, stacking Gold & Silver?
GGLE 'House Of Morgan, their actions before, during and after The Great Depression'.
THEY are the Shadow Government's Bankers.
 
Number 47 said:
When someone’s arguments take the form of personal attacks and name-calling it’s a pretty clear admission that they don’t have anything valid or worthwhile to say.
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Not at all, just trying to spice it up. Would you say calling someone who said they thought it was going to rain lollypops tomorrow a moron indicates that they don't have anything worthwhile to say about the weather?
 
This snip is from a recent Silver Doctors article.
I haven't been through the other comments, so apologies if it has already been posted.
JPMORGAN SILVER.JPG
 
JOHNLGALT said:
Shouldn't we all be doing what the House Of Morgan is doing, stacking Gold & Silver?
GGLE 'House Of Morgan, their actions before, during and after The Great Depression'.
THEY are the Shadow Government's Bankers.
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could you please do us a favor for our sanity.
Please could you lose the Highlights and jumbo fonts?, its really distracting to the point I dont even read what you say, because it feels like attention seeking, even if that is not your intention.
this is not an insult, just hoping to ask you civilly
you might have some good points, but its hard to take the posts seriously with all that highlighting.
I think you are doing your self an injustice
Cheers
 
The point about the "JPM owns 150moz of silver" is that if the proponents of that actually admitted that no one can know who owns a warehouse's stocks and it is just a theory of theirs, well it just doesn't sound as good. So they make out like it is a fact.

Here is an alternative theory I just made up reversing Martin Armstrong's Buffet manipulation: JPM is massively short silver and to give the normal mainstream investors (not silverbugs) the impression there is a massive overstock of inventories, they set up a Comex warehouse (guess when they did that, yep May 2011 just as silver peaked!) and slowly encourage investors who held silver in London and elsewhere (in non-exchange vaults/locations which are not reported so the stocks are hidden) to swap it into JPM's NY warehouse in which inventories have to be reported. JPM's has went from 0moz to 150moz pretty evenly over (as John Galt's chart shows) the past 8 years and interestingly it is all eligible, that is stocks that can be traded on Comex but are not available to do so. But the fact that JPM warehouse barely has any registered stocks indicates that the people holding silver there don't trade futures. So JPM turns hidden stocks into visible stocks, giving the impression to most normal investors of oversupply and what has happened since May 2011 - price go down.

There is one problem with this strategy, that is all futures markets have to balance shorts and longs, so the silver short need sucker longs to take the other side of the trade. What to do, well one of the banksters says "don't worry, we will just put the idea out there through some of our blogger stooges who will feed it up to the big bloggers that we actually own all that silver in our warehouses and all those silverbugs will lap it up and go long futures!" They laugh bwaahahaha and twirl their moustaches.

What do you think of that moronic theory? Since it is backed up with about as much facts as the "JPM owns 150moz of silver" theory you can't disprove it.

There are plenty of good reasons to be stacking silver (and gold) as I've be writing about in ABC Bullion's weekly updates, but the JPM long silver isn't one of them.
 
Number 47 said:
When someone’s arguments take the form of personal attacks and name-calling it’s a pretty clear admission that they don’t have anything valid or worthwhile to say.
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It was clear Bron was not attacking someone on this forum, and "moron" is hardly up there on the personal attack winners list, and he backed it up with data and a compelling argument. Nothing to see here, in fact we should be thanking him.
 
Jason1 said:
could you please do us a favor for our sanity.
Please could you lose the Highlights and jumbo fonts?, its really distracting to the point I dont even read what you say, because it feels like attention seeking, even if that is not your intention.
this is not an insult, just hoping to ask you civilly
you might have some good points, but its hard to take the posts seriously with all that highlighting.
I think you are doing your self in injustice
Cheers
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Are J.P.M doing the old Pea & Thimble trick to hide their involvement in Precious Metals?

P.s. If you don't like the size, colour, BOLD, Underline, or anything else, please do not read my comments. It is as easy as that.
p.p.s. As stated on another thread "there is an ignore feature on this website."

 

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bron.suchecki said:
The point about the "JPM owns 150moz of silver" is that if the proponents of that actually admitted that no one can know who owns a warehouse's stocks and it is just a theory of theirs, well it just doesn't sound as good. So they make out like it is a fact.

Here is an alternative theory I just made up reversing Martin Armstrong's Buffet manipulation: JPM is massively short silver and to give the normal mainstream investors (not silverbugs) the impression there is a massive overstock of inventories, they set up a Comex warehouse (guess when they did that, yep May 2011 just as silver peaked!) and slowly encourage investors who held silver in London and elsewhere (in non-exchange vaults/locations which are not reported so the stocks are hidden) to swap it into JPM's NY warehouse in which inventories have to be reported. JPM's has went from 0moz to 150moz pretty evenly over (as John Galt's chart shows) the past 8 years and interestingly it is all eligible, that is stocks that can be traded on Comex but are not available to do so. But the fact that JPM warehouse barely has any registered stocks indicates that the people holding silver there don't trade futures. So JPM turns hidden stocks into visible stocks, giving the impression to most normal investors of oversupply and what has happened since May 2011 - price go down.

There is one problem with this strategy, that is all futures markets have to balance shorts and longs, so the silver short need sucker longs to take the other side of the trade. What to do, well one of the banksters says "don't worry, we will just put the idea out there through some of our blogger stooges who will feed it up to the big bloggers that we actually own all that silver in our warehouses and all those silverbugs will lap it up and go long futures!" They laugh bwaahahaha and twirl their moustaches.

What do you think of that moronic theory? Since it is backed up with about as much facts as the "JPM owns 150moz of silver" theory you can't disprove it.

There are plenty of good reasons to be stacking silver (and gold) as I've be writing about in ABC Bullion's weekly updates, but the JPM long silver isn't one of them.
Click to expand...


thats some what plausible, either way the result is the same, it goes high quick and goes down just as fast and they make a tonne of money



Are J.P.M doing the old Pea & Thimble trick to hide their involvement in Precious Metals?

"P.s. If you don't like the size, colour, BOLD, Underline, or anything else, please do not read my comments. It is as easy as that."

ok fine, Like i said your only doing your self an injustice, hard to take some one seriously when they post in caps, bolds and jumbo fonts, especially on a site where people are having grownup discussions
 
bron.suchecki said:
Most of these "JP Morgan holds physical silver" are based on how much silver is is JP Morgan's Comex warehouse, which shows what morons they are because running a vault doesn't mean you own what's in it. Current warehouses and silver stocks in millions of ounces (R = registered, E - eligible) are:
  • Brinks - 26.7 R, 20.5 E
  • CNT - 32.0 R, 11.9 E
  • Delaware - 1.6 R, 13.7 E
  • HSBC - 10.0 R, 19.2 E
  • JPM - 4.7 R, 148.6 E
  • Scotia - 9.0 R, 9.9 E
On that logic, Brinks is also stacking silver?
Click to expand...
Whats the difference between registered and eligible?
 
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