Does it anger you that the investment banks have gotten away with fraud these last few years, only to be bailed out with your tax dollars? Do you see the fraud of the federal reserve, and how it depletes your wealth with increasingly worthless paper?
Wouldn’t you like to strike back at the system? Now’s your chance.
Max Keiser, is a film-maker, broadcaster and former broker and options trader. On his On the Edge show last month he and financial writer Michael Krieger posited that if just 5% of the world’s population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their estimated $1.5 billion short silver position. If this were a big enough covering, the company would go bankrupt. With some help from the popular Alex Jones, they started a campaign to encourage people to buy silver, and it’s gone viral.
Is it working? We can’t say. However, silver has been on a tear recently, faring far better than gold. Take a look at the three month chart (click to enlarge) of the ETF SLV, which moves with the price of silver. We can’t say if the Crash JP Morgan — Buy Silver campaign had much to do with it or not. But a little digging has shown that many sellers of silver coins have been running out of stock.
So, if you want to have some fun, go out and buy a one-ounce silver coin — it’s only about 30 bucks. And if this crazy scheme works, you can say you were a part of history.
Now, what can we do to crash those fraudsters at Goldman Sachs?
