JPM has UNLIMITED paper and they will NEVER have to cover. TPTB can change the freakin rules any time they want. JPM will not only come out of this victorious, they will also profit A LOT more than any of you Longs will.
JPM aka federal Reserve is presently admitting to four trillion in USA treasure. You are so correct in the unlimited shorting and unlimited printing. Inflation is the result and the they cannot control just report that it does not exist. The comedy as it presently exist will not exist in the near future because they are really just prostitutes for the federal Reserve. Answer physical which cannot be shorted. The present method destroys the mining companies. That leads to shortage of physical. So my good friend JPMorgan to is committing suicide with every year short
The world is buying now. and LOTS. It's JP Morgan against the rest of the world. The Fed will turn its back on them sooner or later when they realize they cant hold this tide.
Physical metals are real money, paper fraud no thanks
You obviously have short term memory..
JPM heavily shorted Silver at 15.00
Silver from 15.00 to 50.00
Right, then they changed the rules and did a half dozen margin hikes in a week to induce margin calls and create the Mother of all waterfalls. Silver longs and speculators lost a fortune. If you think JPM lost more than most silver longs, then you have your head in the sand.
The bankers paint the charts. Period. If they want to create a new downtrending channel here, then that's what we will get. They may have to hike margin rates and dump a ton of paper silver on the market, but they can do it. They can trigger stops and switch the Algos to downtrending trading.
You silver longs are living in some fairy-tale where some Silver Prince is going to come and rescue you.
disagree. They will end up losing bigtime. BUT, one should trade with an upward bias. I personally bought my futures at 32.85 and sold at 33.70 yday, and bought them back today at 32.90. Guarantee will see 33.75 again within a week. They are only prolonging the outcome and one should always trade the big drops and rises.
Sak you really cant understand this no?