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<p>[QUOTE=&quot;desertgem, post: 1162342, member: 15199&quot;]To be fair to JP Morgan, they were basically forced to acquire Bear Sterns a couple of years ago by the Federal Government. The deal was reached that JPM would be compensated for losses in doing so. This was a done deal by the time that regulators found that Bear Sterns had a HUGE naked short position in the commodity markets in Silver and Gold. JPM would have forced the US Gov. to compensate for the costs of obtaining silver and gold to cancel the naked shorts. If done all at once, yes, the prices would have jumped then, but then settled back down. Instead it has been done in a graduated mode which has saved the US a lot of extra dollars, back when the beginning was more shakey, and allowed the price to go up more gradual also. IMO. </p><p><br /></p><p>Jim</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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