Friday, April 26, 2013

JP Morgan Exposed Selling 99.3% of ALL COMEX PHYSICAL GOLD in Last 3 Months!


Subject: BANG: JP Morgan Exposed Selling 99.3% of ALL COMEX PHYSICAL GOLD in Last 3 Months!
 

Well, well. The walls are crumbling all around the Bad Guys!

Jamie Dimon Has Issues(or Meet the Idiot Selling Gold)

"Somebody should explain to the blathering numbskulls at CNBC that when just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it's not what most of us on this side of the rainbow would consider "broad-based" selling.  Of course discovering this kind of relevant information requires an internet connection, 2nd grade math and reading skills, and the desire to do a teeny-weeny bit of reporting.  Sadly they've wandered so far down the rabbit hole that the concept of "physical demand" (i.e. people actually wanting to take possession of the stuff) is puzzling to them because the vast majority of the world's so-called "gold-trading" takes place in the realm of make believe (which is their natural habitat).  It's all fun and games until somebody loses their metal and "somebody" has lost one hell of a lot of metal in the last 90 days."

Bart Chilton and friends can't delay their way around these facts.

JP Morgan rigged the Gold Price. Facts are facts.

A clear violation under commodity law.

Just a matter of days now.

Buckle up.

Bix Weir

2 comments:

Anonymous said...

This appears to be a move to be Basel 3 compliant in order to get rid of derivative debt.

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