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JP Morgan Silver

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JP Morgan Silver

  • RUSS

    Hi!, Patrons Of The Economic Collapse Et. Al.:
    Evidently J. P. Morgan doesn’t any longer trust deliveries from Comex stockpiles of silver too far into the future, to be delivered as contracted within futures contracts? So, they are taking physical deliveries early prior to any short squeeze they realize is inevitable and thereby, unlike the Hunt Brothers of the past who didn’t take deliveries but hoarded huge paper contracts far in excess of physical supplies, J. P. wants their silver contracts delivered into their hands thus insuring an upcoming short squeeze’s inevitability providing them physical leverage foreseen through ownership of silver? That would be a smart move in my opinion under present day conditions but it still doesn’t resolve the US Constitutional dilemma of all citizens having possession of FREE, US Mint produced specie gold and/or silver coins; as directed to the US in Article 1; Section 10 of the US Constitution which Doug Casey of Casey Research claims has been rendered a DEAD LETTER! There will be some hard lessons therefore learned moving the US closer to hard knock chaos while some think that riches can save them personally; while the much larger Middle Class America gets crunched by both inflation and deflation until Constitutional realities set in to save us from the high minded class who think of themselves as an elitist aristocracy exempt from economic realities which will prove to be a false security at best in my opinion. Only time and the escalation of economic realities will tell the final tale of this saga!
    RUSS SMITH, CA. (One Of Our Broke, Fiat Money Corrupt States)

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