A transcript of the video below is what Max Keiser discussed when encouraging others to spread the word about the viral campaign, “Crash JP Morgan, Buy Silver.” His interviews have been spreading around the world and picking up in views on YouTube and are now getting talked about on Prime Time Financial News shows and being discussed in commodity trader circles around the world.
Hi this is Max Keiser of the Keiser report. Hi I want to talk to you about this global viral campaign, Crash JP Morgan Buy Silver.
The fact is JP Morgan is a huge player in the derivatives market. They have a balance sheet exposure of something like 1.5 trillion, a lot of that is tied to their silver shorts. That is to say they have sold silver contracts that don’t exist. They’re engaging in naked short selling, this is a form of counterfitting.
Huge hedge funds around the world are buying lots of silver because they know that if they force JP Morgan to have to buy silver on the open market they’re going to make money. So what I’m saying is you can piggyback on these huge players. All you have to do is buy one silver coin, maybe two silver coins and demand physical delivery of that silver thus forcing JP Morgan and these other financial terrorists to have to cover their negative bets and put a company like JP Morgan in bankruptcy.
There is no way JP Morgan can cover their liabilites if we all buy one silver coin and demand physical delivery. Put JP Morgan a financial terrorist out of business, Buy Silver.
This video is in effort of launching a global viral campaign to give control back to the people in the financial markets. JP Morgan and HSBC have already been accused of manipulating the silver market for years. In 2010 the accusations have grown and investigations have picked up. It was just on Tuesday of last week that a United States Law Firm Fox & Kilsheimer filed a class action complaint on behalf of an individual investor, Eric Nalven that said JP Morgan and HSBC were in a conspiracy to manipulate the market for silver futures and options on paper contracts that were traded on the Comex exchange in New York.
The entire lawsuit says that some time in June of 2008 during the same time that JP Morgan bought Bear Stearns during the financial collapse they ended up inheriting all of Bear Stearns short positions in the silver future contracts. HSBC and JP Morgan then made a backroom deal to try and manipulate the silver market by controlling the silver futures and options contract so that they could earn incredible gains on silver.
It was a whistle blower that blew the lid off this mass conspiracy. The whistleblower was an ex-employee of Goldman Sachs and he revealed he’d been told by traders at JP Morgan that one of JP Morgan’s current strategies was manipulating the silver market to make easy gains.
As mentioned above in the video by Max Keiser JP MOrgan and HSBC have purchased huge short positions on silver future contracts to manipulate the price of silver lower on the futures market. The lawsuit essentially says that people that were not aware of the manipulation lost huge sums of money while JP Morgan and HSBC stole the money right out from under them.
Popular Comments on the video above that have good ratings are:
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I buy Silver because it’s what we all need to do right now to preserve our wealth and? if that takes down JP and others – even better! …As long as the taxpayers don’t get stuck with another bailout.
We Need To Use Our CONSTITUTION to Bind Our Goverment with Chains and Stop this Freaking Madness!!!!
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sounds good, we are preparing in similar way, with food, land and education, but i just? want to store FIAT in silver at the moment. plus i am not so sure things are going to get that bad that quickly (i am thinking years). i am hoping i can get some woodland as well in the future once i cash in the silver. all the best with your preparations.
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PEOPLE … PEOPLE!
Chill out for a 2nd, I`m seeing “Buy a silver coin” appearing all over YT
I like Keiser as much as you do, but maybe we should think this thru
He`s a ex-Wall Street hustler who`s turned renegade (or so he says); but say we all invest our last remaining $/£ in silver…. = Keiser`s huge stock in the metal jumps up astronomically = then? he bails & sails to an atoll with Miss Herbert with the profits as the silver bubble POPS! & watches the results on tv laughing : /
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Nice.
I bought 2kg bars a few days? ago. Should be delivered today.
I still think JP Morgan will use the US government’s printing press for cash settlements. Illegal, yes, but since when do they operate under the rule of law?
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