Buy Silver to Crash JP Morgan

Discussion in 'Economy' started by jodylee, Nov 19, 2010.

  1. jodylee
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    jodylee Active Member

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    Buy Silver to Crash JP Morgan Due to its Giant Short Position.
    [ame]http://www.youtube.com/watch?v=QCM7rMIqxmk[/ame]
     
  2. loosecannon
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    loosecannon Senior Member

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  3. jillian
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    jillian Princess Supporting Member

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    Cause that would so benefit us.
     
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  4. Article 15
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    Article 15 Dr. House slayer

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    Ok I'll buy but only the commemorative coins. I'm a savvy investor.
     
  5. Moon
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    Moon Why so serious?

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    Fuck their jobs.
     
  6. loosecannon
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    loosecannon Senior Member

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    It would benefit us. It would discourage naked short selling which caused the collapse of Lehman bros, Bear Stearns.
     
  7. Toro
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    Toro Diamond Member

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    Why the fuck would I buy silver to hurt JP Morgan? Why do I care?

    If I'm going to buy silver, its because I want to make money. And if by making money, that means JP Morgan has to cover its shorts, so be it. But I'm not going to do anything because some petty conspiracy theorist wants me to.
     
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  8. hortysir
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    hortysir In Memorial of 47

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    So it's okay to crash JPM but not okay to allow GM to fail??

    Got it
     
  9. Sunni Man
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    Sunni Man Diamond Member

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    I remember when the Hunt brothers from Texas tried to do something similar in the 70's

    Didn't work then.

    Won't work now.
     
  10. william the wie
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    william the wie Gold Member

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    I would think structural leverage from short coverage would make this a good trade, why do you reason that that's an error? Just fishing for information. I don't think it is smart to bet against JPM's risk management team without really solid information but do you have reason to believe that they may have overbought their call hedges and leaked the trade or something like that?
     

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