Nothing like a good yarn about dwindling supply of Ag in the COMEX and The Great Manipulation! Bullion Bulls Canada explains.. Living in the age of "too big to fail" banking Oligarchs, it is obviously nave in the extreme to expect either JP Morgan or its servants who run the U.S. government to simply allow this bankster to be vaporized by the implosion of the silver market. Such an event would require settlement of its $100's of billions ($trillions?) in losses on its gigantic, silver "short" position and its much larger losses on its silver derivatives which it used to ratchet-up its suicidal leverage still further. A much more realistic scenario is that when there is a default at the corrupt Comex exchange that the crooked operators of that market will simply suspend all trading in the silver market until the "disruptions" in the silver market have been resolved. Translation: the Comex will simply cease to honour/enforce any of its legally-binding contracts until after JP Morgan has found some way to weasel-out of its own annihilation. http://www.bullionbullscanada.com/i...its-all-about-inventories&catid=42:rokstories Yup.
I'm willing to bet that most of those scoffing at us "permabulls" wont read this piece... :lol: Too busy trying to figure out if they should sell out their position at $50 or $60 to ensure they dont "miss the boat" :lol:
The part about confiscation really resonated with me... ...there is no plausible way for JP Morgan to extricate itself from its self-created financial suicide other than through the U.S. government once again confiscating the silver held by its own citizens (as it did in the 1930's). Given the magnitude of the silver-losses being hidden by the criminal-shorts, it is very unlikely that U.S. silver-confiscation alone would be sufficient to rescue all of the banking Oligarchs who have taken part in this manipulative shorting. Thus, we could easily see concurrent "confiscation" schemes in many/most/all Western nations. In one foul swoop (click of a mouse) EFT and Bullion Accounts account for most of the Ag and would be the first victims of the big bad shorters! When you're a holder of Ag in this threesome be prepared to bend over.
Yep if it's not physical it isn't really yours, it's sort of like having a wife that sleeps at a hotel.
Exactly the issue isn't her staying at the Hotel, god know the peace and quiet would be nice. Its the fact she is at the hotel because she has 99 other husbands/paper shorts.