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Message Subject
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ZH Uncovers Ultra-Secret JPM Gold & Silver Vault in London
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Poster Handle
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Judethz |
Post Content
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If you read the article from Silver doctors the problem is the gold they are in possession of belongs to 120 banks that a Saudi family has split with and won't and won't pay them or their shares. If the gold gets confiscated by the banks owed the money JPM has no gold in the vault. With no gold in the vault all of the rehypothicated contracts they have written in the past are now void and have to be paid out on because they don't have the underlying asset in their possession. this sets up a derivative explosion and could put JPM under and will certainly end their market manipulation.
Quoting: akamkk 24907150 Oh dear.
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