Message:

<p>[QUOTE=&quot;fatima, post: 1317453, member: 22143&quot;]Remember that the one shorting the substance is the selling the commodity.&nbsp; So JPM would not be using this method to acquire the physical PM.&nbsp; For them, if they are successful in driving down the price towards the end of the options expiration, then all the longs that bought from them earlier in the cycle have to pay above market rates for silver or offset their contract at a loss.&nbsp; JPM makes a lot of money.&nbsp; Lack of regulation makes it possible.&nbsp;&nbsp; </p><p><br /></p><p>The gold in Ft. Knox is an asset of the United States.&nbsp;&nbsp; It&#039;s not bought or sold on any market.&nbsp; The value of this gold is however used to offset gold certificates held by the Federal Reserve as an asset against the base money supply.&nbsp;&nbsp; FDR made this swap with the Federal Reserve in return for the funding to pay for his programs in the 1930s.&nbsp;&nbsp; It should be noted, it&#039;s only valued at $42/ounce in lawful money.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in