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

Discussion in 'Silver' started by Vw1972, Sep 9, 2019.

  1. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    By now the cat is out of the bag, it's no secret anymore.

    The reason they can keep doing it and will be doing it until the status quo is deemed obsolete - is because they're doing it on behalf of the government.

     
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    For what purpose?
     
  3. Drongo

    Drongo New Member

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    Remember when 1/3 Oz was 50c, maybe they just want their monopoly money to look good to the punters vs real currency
     
  4. openeyes

    openeyes Well-Known Member Silver Stacker

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    When exactly was 1/3 oz 50c?
     
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  5. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    1966
     
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  6. openeyes

    openeyes Well-Known Member Silver Stacker

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    Just as a matter of interest was anyone here buying silver at that time at that price or even remember seeing those prices?
     
  7. openeyes

    openeyes Well-Known Member Silver Stacker

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    I am not that young and didn’t start buying silver until the 90’s and not that much until the turn of the century.
     
  8. herkyderky

    herkyderky Member

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    the 1966 50c coin was 1/3oz ag ;)
     
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  9. openeyes

    openeyes Well-Known Member Silver Stacker

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    Now that shows how old my brain is. Just didn’t connect the obvious dots.

    Did anyone here collect these around that time before they were so quickly pulled from circulation?
     
  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    36 million were minted, so almost 11 million ounces made it out before they were recalled. Safe to say many still circulating in the hands of stackers.
     
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  11. openeyes

    openeyes Well-Known Member Silver Stacker

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    Yes I imagine between the stackers here there are quite a number. I certainly would like to be holding a few more thousand. All in good time grasshopper.
     
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  12. alor

    alor Well-Known Member Silver Stacker

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  13. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    LOL. Hong Kong has always been Chinas domain.. They are going to get back.
    .
     
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  14. alor

    alor Well-Known Member Silver Stacker

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    Demolition permits were filed Tuesday for the JPMorgan Chase HQ at 270 Park Avenue, CityRealty reports. The building will be the tallest planned demolition in history. The filing is a significant step for the bank on the way to replacing the 1.5-million-square-foot Modernist tower previously known as the Union Carbide Building with a 2.5-million-square-foot skyscraper, to be designed by British Pritzker Prize winner Norman Foster/Foster + Partners architectural firm.

    must be the new owner telling them
     
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  15. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Goodbye J P M and the corrupt bankers
     
  16. Alfie

    Alfie Member

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    3rd tallest
     
  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I started collecting Franklin Mint coins about 1966 but soon realised the premiums were too high so sold out. By then I was into some good drugs so most of my money went on sex, drugs, and rock & roll, the rest I just squandered.
     
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  18. openeyes

    openeyes Well-Known Member Silver Stacker

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    You wouldn’t be the only one. But hey it was a hell of a fun time.
     
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  19. blahblah22

    blahblah22 New Member

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    Why does China need an intermediary to buy silver?
     
  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It makes sense because if silver miners know that China is buying, do you think they will still be selling their silver for $14 an ounce not too long ago? It's the same with Palladium, Russia knows China is buying Palladium, that's why they are selling it at $1600 an ounce.
     

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