Guest_chris c-t_* Posted December 5, 2010 Report Share Posted December 5, 2010 I will be making a cash withdrawal on the 7th, but this guy has a better idea: http://www.youtube.com/watch?v=akF1jXant7g Quote Link to post Share on other sites
Errol Posted December 5, 2010 Report Share Posted December 5, 2010 If just 5% of the people in the world buy an ounce of silver JP Morgan is going down. Quote Link to post Share on other sites
sharpe Posted December 5, 2010 Report Share Posted December 5, 2010 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... Quote Link to post Share on other sites
Dames Posted December 5, 2010 Report Share Posted December 5, 2010 So what does 5% of world pop' mean in terms of a silver price that would achieve said crash? D Quote Link to post Share on other sites
General Congreve Posted December 5, 2010 Report Share Posted December 5, 2010 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. Quote Link to post Share on other sites
fellow Posted December 5, 2010 Report Share Posted December 5, 2010 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? Quote Link to post Share on other sites
Dames Posted December 5, 2010 Report Share Posted December 5, 2010 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 Quote Link to post Share on other sites
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