And silver producers and countries like Mexico and Canada and Québec that depend a lot on mining. I have a lot of personal reasong to hate JP Morgan. Practical one and investment ones. They do the same thing with the mining shares.
What does it matter? CFTC and SEC have reinvented the word fraud!
I WANT WILLIAM BLACK AS PRESIDENT!
I’ve never thought of it like that before until now.
The problem for the shorter with covered shorting is the price can go up theoretically infinitely but only 100% on the downside. So naked short selling and creating a theoretically infinite amount of shorts means the risks for the shorter are now theoretically infinite on both sides of the equation.
Naked short selling is the same as printing money to devalue it – printing shorts to devalue shares. There is obviously not an infinite value to any companies shares yet you can end up like JPMorgan and shorting silver to the value of 1.5trillion dollars, more than the M3 of Australia (1.29 trillion). To the same point they can create CDS worth $700 trillion basically shorting the global economy for more than it’s worth.
Let’s bring these suckers down or at least limit their profits on the downside buy buying physical.
Banks are counter productive to any economy, and when they’re running rampant over the global economy they have to be taken down.
Excellent blog specialized in explaining how naked short selling works. They tried to send russian mafia thugs to kill this guy.
Did Cox say “that needs to be arrested”?
Of course he was talking about the act of Fraud, but maybe it was a Fraudian slip and he really means the perpetrators need to be arrested!!!
Thanks for info.
things are getting really played up now.http://www.youtube.com/watch?v=PKsBxh0xvMk
A superb documentary about the fight of a guy against the naked short sellers in New-York.
Chevron Thinks We’re Stupid
By the way. Cox was fired because he was an honest guy. USA is really a criminal outfit. Not really a country. Really is. The movie is quite clear.
William Black would be killed 24 hours after being at the job. Don’t forget it.
Crash JP Morgan, Buy Silver – Manipulation by HSBC & JP Morgan by Max Keiser
@ Youri: You are probably right…
Sorry, I meant @ Marc
Won’t happen with the poodle in Washington. You are all dreaming. We will in USA Nazi Germany and concentration camps and gas chambers before William Black at the SEC. It won’t happen. NEVER. USA is not a a democracy and rule of law doesn’t exist.
Him too would be excellent at the SEC.
This guy is as courageous as Ron Paul.
Crash JP Morgan! Buy Silver! Yes, it’s really that simple.
Here is the advertisement that now grace’s my car – http://www.youtube.com/shakedownr3volution
Go ahead, take a look. Many people in my neck of the woods will be.
Just remember, there are many more of us than them.
that is awesome!
@snoop diddy – it is a honor to hear your compliment.
We gotta keep fighting. All of the sign waiving, letter writing, congressman calling, petitioning, voting and such that I have participated in over the last three years has resulted is nothing more than a movement in the political discussion regarding the Federal Reserve here in America. At least the discussion is getting closer. However, this campaign is just one of those campaigns where we can force a heads we win, tails they lose scenario.
I can’t wait to go sit in the parking lot of the local JPMorgan bank, on the socialized sidewalk, and hold a couple of signs out there during rush hour. I wonder how long it would take for the cops to show up.
herro my friend hope good day.
did quebec succeed? is it now its own country and did I miss that
@ Marc, @Y’all
Since Marc mentioned Ron Paul and the thread includes “naked”, here is Ron Paul introducing his new bill re the TSA earlier this evening.