Activism Against The Banks

[Guest_chris c-t_*]

I will be making a cash withdrawal on the 7th, but this guy has a better idea:

http://www.youtube.com/watch?v=akF1jXant7g

[Errol]

If just 5% of the people in the world buy an ounce of silver JP Morgan is going down.

[sharpe]

If just 5% of the people in the world buy an ounce of silver JP Morgan is going down.

I bought 30 last week - I have some more in ETFs - not sure if that counts though...

[Dames]

So what does 5% of world pop' mean in terms of a silver price that would achieve said crash?

D

[General Congreve]

If just 5% of the people in the world buy an ounce of silver JP Morgan is going down.

5%? Really that much? That's a pretty big hill to climb, was hoping it was less than that.

Oh well, like the guy's style in the OP.

[fellow]

If just 5% of the people in the world buy an ounce of silver JP Morgan is going down.

Can someone please explain why buying silver would crash JP Morgan?

[Dames]

I think basically boils down to loadsa peeps buy silver = price rises = JPM having to cover their backside becuase they have huge short on the price of silver( ie betting the price will fall ) so bringing on some sort of margin call?

Thats how i understand it.

D