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J.P. Morgan is short more paper silver than physically exists in the world?
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<p>[QUOTE="Cloudsweeper99, post: 1317224, member: 3011"]It was you that said JPM wouldn't do business with communists, not me. So if you don't want one of your points challenged, don't bring it up. I gave a few examples of why JPM's actions are legal, and I admit that there might be other legal actions that I don't know about to justify JPM's actions. The entire burden of proof is on you and others who accuse JPM and multiple regulatory agencies with crimes. In my experience, accusing the markets and other market players of fraud is usually just an excuse for your own poor performance. In the case of silver, the price has risen from about $5 to $50 in a dozen years or so and is currently at a price about 6X the low. I don't know how any thinking person can believe this would happen if large criminal enterprises were acting with immunity to keep the price low.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1317224, member: 3011"]It was you that said JPM wouldn't do business with communists, not me. So if you don't want one of your points challenged, don't bring it up. I gave a few examples of why JPM's actions are legal, and I admit that there might be other legal actions that I don't know about to justify JPM's actions. The entire burden of proof is on you and others who accuse JPM and multiple regulatory agencies with crimes. In my experience, accusing the markets and other market players of fraud is usually just an excuse for your own poor performance. In the case of silver, the price has risen from about $5 to $50 in a dozen years or so and is currently at a price about 6X the low. I don't know how any thinking person can believe this would happen if large criminal enterprises were acting with immunity to keep the price low.[/QUOTE]
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