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Jim Myrtle

Jim Myrtle
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  • Is China Behind the Big Silver Short? [View article]
    "And I sincerely believe, with you, that banking establishments are more dangerous than standing armies"

    Obviously we crushed Hitler and Tojo with our banking establishments.

    "the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."

    Yeah, our Congress overspends.
    Dec 27 06:47 PM | 2 Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    "It's not fake"

    Show me. Find a real source that shows when and where he said it.
    Dec 27 05:26 PM | 2 Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation"

    Love that fake quote!
    Dec 27 11:01 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "Call up any producer and ask for 1 million ounces of Silver and see how long they'll take to deliver"

    He can only create new shares 1 million ounces at a time?
    Wow, 12.6% premium right now.
    There really is a sucker born every minute.
    Dec 27 10:53 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "Sprott could just go to the same producers to buy the same silver"

    Why doesn't he?

    "You're essentially saying a producer wouldn't sell to Sprott but would sell to your "authorized participant"."

    That's not what he's saying. An authorized participant can buy silver to create SLV to arb any premium. Only Sprott can arb his premium. And he will. Eventually.
    Dec 26 03:04 PM | 1 Like Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    SLV, of course, doesn't buy any silver. The big authorized participants do - and the silver shortage is clearly not as dire as you want to believe it is, as evidenced by the continued ability of big players to source bullion.

    Sprott's fund cannot be kept "in line," by the same mechanism, but make no mistake - he will do a secondary and crush the premium himself.
    Dec 25 12:39 PM | 1 Like Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "you never answered the question how SLV can add Silver so quickly but PSLV has to wait months and months to add inventory"

    He did, really.
    Dec 24 09:44 AM | 1 Like Like |Link to Comment
  • Silver News Explodes; JP Morgan Admits Guilt! [View instapost]
    "Where is the proof JP Morgan was short silver? 25 lawsuits against them, based on Bear Stearns' positions which they acquired, and the BIS reports showing up to $203 billion in OTC other precious metals notional derivatives values"

    I didn't know a lawsuit was proof of a position.
    Why does the BIS report prove that JPM is short?
    Dec 23 05:10 PM | Likes Like |Link to Comment
  • Silver News Explodes; JP Morgan Admits Guilt! [View instapost]
    How little?
    Dec 23 03:32 PM | Likes Like |Link to Comment
  • Silver News Explodes; JP Morgan Admits Guilt! [View instapost]
    "the Bank of International Settlements, which mentions a total notional value of "over the counter" "other precious metals" as $127 billion"

    Why does all $127 billion have to be silver?
    Dec 22 02:29 PM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "Myrtle, an actual surplus means capital was misallocated some where else where there is a deficit"

    As long as food is cheaper, I don't want any starvation.
    Dec 22 10:29 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    Do you have any?
    Dec 22 10:28 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "No they don't assist in price discovery if there is no physical at risk"

    Comex contracts are 5000 ounces, physical silver.

    "If JPM controls the supply of "wingbatsdoits" (created out of thin air on a computer screen)"

    You're making less sense than usual.
    Dec 22 10:25 AM | 1 Like Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    "there is $127 billion of derivatives on "other precious metals" (than gold) which must be silver. And in the best case scenario that is balanced bet"

    In the best case it's balanced? Do you know how derivatives work?
    There is no long without a short. IT MUST BALANCE!!!

    "this the system is betting on 3.5 billion oz of silver that does not exist"

    The "system" doesn't bet. People bet.

    "the fiat system will be destroyed by this"

    Yeah, well you think the Fed is owned by the Rothschildes, so I can tell where you're coming from.
    Be sure to wrap the foil counterclockwise, clockwise only increases the strength of the mind control rays.
    Dec 22 09:53 AM | Likes Like |Link to Comment
  • JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
    Dude, don't bogart that joint.
    Dec 22 09:46 AM | Likes Like |Link to Comment
COMMENTS STATS
980 Comments
663 Likes