Max Keiser and The Silver Liberation Army
By Avalon & Shepard Ambellas
The Intel Hub
April 6, 2011
In a follow-up to a number of articles The Intel Hub has posted on Silver, we are pleased to announce thatMax Keiser has initiated a new campaign to Crash JP Morgan.
Max has just announced the formation of the Silver Liberation Army to combat what Max defines as the “Financial Terrorism” that JP Morgan has inflicted on us.
Max Keiser predicts that JP Morgan is going to default on the COMEX, which is operated by Blackrock.
In what is termed as Naked Short Selling, JP Morgan sells approximately 9 ounces of Silver that they do not own for every ounce they have in their possession. This Fiat ETF (Exchange Traded Funds) Scheme is what Max believes will bring down the JP Morgan British Empire – oops – I meant the JP Morgan Empire.
To the uninitiated, the Crash JP Morgan – Buy Silver was a huge success and possibly tens of thousands of individuals worldwide took part in the campaign.
The Intel Hub posted a number of articles immediately and helped support the charge to inform people all over the world. The importance of having real assets is vital to financial stability and security and being aware of the Fiat Currency that is depreciating every day is crucial knowledge.
Here is a review of the start of the Crash JP Morgan – Buy Silver Campaign.
The Intel Hub is proud to announce that a widget is being added to monitor the current Silver price which is a service provided by Kitco, Inc.
A look at the one and two year price in Silver is proof that Silver is possibly one of the best investments – physical Silver is primarily preferable over any paper ETF like SLV or iShares. Kitco also has a number of Cell Phone Apps that allow you to track current prices.
On 16 March 2009 Barclays confirmed that it was planning to sell iShares to CVC Capital Partners, a private equity firm that had agreed to pay more than $4 billion.
However, under a 45-day “go shop” clause, a later bid by BlackRock was announced on June 11, 2009 for the whole of the parent division Barclays Global Investors including iShares, in a mixed cash-stock deal worth around $13.5 billion (37.8 million shares of common stock and $6.6 billion in cash).
COMEX, a gold trust owned by iShares
As of 2009, holders of COMEX gold futures contracts have experienced problems taking delivery of their metal. Along with chronic delivery delays, some investors have received delivery of bars not matching their contract in serial number and weight. The delays cannot be easily explained by slow warehouse movements, as the daily reports of these movements show little activity.
Because of these problems, there are concerns that COMEX may not have the gold inventory to back its existing warehouse receipts. As a result of the CFTC‘s March 2010 Metals Hearings, position limits will likely be imposed on Comex Precious Metals Futures Contracts, according to CFTC Commissioner Bart Chilton, in order to avoid continued charges of unfair concentration and manipulation.
- Keiser Report: Virtual Pigs Eat Dirty Cash
- THE SILVER FUNDAMENTALS: 9 to 1 Silver to Gold Ratio
- Are Silver & Gold Lovers ‘DOMESTIC TERRORISTS?’
- Max Keiser & The Silver Liberation Army