© Warren James
Strangely, though, Turd Ferguson, who prides himself on leading an "Army" of precious metals warriors against the corruption and manipulation enacted by an Evil Cartel, concludes that this means that JP Morgan will not let the price of gold fall further, so, surprise surprise, now (like every other time!) is a great time to buy gold. Turd's math suggests that if gold were to fall to the predicted-by-some level of $1050/oz, then JP Morgan would lose $1.5 Billion, and well, we all know that JP Morgan doesn't want to lose $1.5 Billion, so that cannot and will not happen.
To that, dear Precious Metals Minions, I say: BOLLOCKS. Back in the day, not so long ago, Gold and Silver Warriors were willing to fight for what they believed in. When we learned that JP Morgan had a huge short position in COMEX futures, we did what any logical group of like-minded stalwarts would do: we banded together to BUY SILVER - CRASH JP MORGAN. This brilliant campaign, originated by General Max Keiser, was a steadfast show of solidarity amongst the Silver Warriors, and a sign to the Morgue and the rest of the Evil Empire that we would not stand by and watch their outright manipulation of our markets. As General Keiser noted:
"This campaign has 100% chance of working; it falls into the category of a self-fulfilling prophecy. As more individuals buy silver and gold, all attempts to replenish the system with more paper money will only cause the purchasing power of the silver and gold to increase - thus prompting more people to buy more"Well, dear readers and Precious Metals Patriots, it's time for you to do a service for your Army again. There is only one logical solution about what we must do in reaction to this "news" that JP Morgan has massive long exposure to the price of gold:
Sell Gold, Crash JP Morgan
If each of you sells your gold, the price of gold will plummet - perhaps even beyond the $1050 level which would deal JP Morgan "$1.5 billion in losses," - we can do better than that! We are resolute: we will stick a knife in the back of the Morgue and show the evil Blythe Masters once and for all that we will not stand for her blatant manipulation of the metals. Our actions will saddle JP Morgan with BILLIONS in losses.
I'm guessing you're a little worried about this plan: "Kid Dynamite," you say, "You're a well known liar and Cartel Apologist - you probably are concocting this scheme as a way to steal our gold from us."
Au contraire, my friends - this plan is flawless. In the words of General Kaiser, "This campaign has a 100% chance of working." As we sell our gold, the price will plummet, and JP Morgan will rack up massive losses. The Federal Reserve will bail out the Morgue, but we will swoop in before that happens and buy our gold back from the desperate and about-to-fail JP Morgan, restocking our coffers right before the Fed prints $100 Quadrillion dollars to cover JP Morgan's bad derivative bets, and the dollar falls into oblivion once and for all. My models tell me that when this happens, the price of gold in US Dollars should look something like it currently does in Yen. For those of you not good at math, that's a lot friggin' higher. Like: multiple-zeroes-added-at-the-end kind of higher.
But first we must do what any logical Precious Metals Patriot would do: just as Buy Silver Crash JP Morgan was designed to take advantage of JP Morgan's "short" exposure to the price of silver, Sell Gold Crash JP Morgan is guaranteed doom for the evil-doers who have now "cornered gold from the long side."
I can still feel your skepticism, but I have a secret arrow in my quiver that will convince you beyond the shadow of a doubt that Sell Gold Crash JP Morgan is pure can't-fail genius. Are you ready to go down the rabbit hole? Strap on your tin foil hats, because this will BLOW YOUR MIND. Normally I reserve this kind of insight for my paid subscribers, but it's so important that I'm going to detail it here for you, *for free* : right now!
We all know that JP Morgan has been the main "stopper" of December COMEX Gold contracts, which means they are on the long side taking delivery. Well - guess who's on the short side, issuing those delivery notices? HSBC. That's right - do you know what HSBC stands for? Hong Kong and Shanghai Banking Corporation. Let that sink in for a minute. Do you know where Hong Kong and Shanghai are located? That's right: CHINA - and everyone knows that China is sick and tired of seeing their U.S. Dollars devalued by the criminal actions of the Federal Reserve and JP Morgan, which is, of course, why THEY ARE ALREADY ENACTING Sell Gold Crash JP Morgan !!!
But wait - there's more. Who else is on the short/issuer side of the December COMEX gold futures? Bank of Nova Scotia. And where is Nova Scotia? Canada... and which precious metals visionary is in Canada? That's right: Precious Metals Patriot Eric Sprott.
I'm going to pause here for a moment as you imagine some seriously dramatic music. I recommend "O Fortuna" from Carmina Burana.
Did it hit you like a ton of bricks yet? I cannot prove this, of course, but it certainly appears that Eric Sprott is working with the Chinese to sell gold and hasten the demise of JP Morgan. Do you think you're smarter than Eric Sprott and the Chinese?
It's all in the numbers - which are publicly available for free. Thanks to Turd Feruson for doing some of the initial legwork on this. Now is the time - Precious Metals Patriots - to put and end to the Morgue's dominance in metals manipulation. China and Eric Sprott are probably already working on this plan, but they will need our help. When we knew that JP Morgan was massively short COMEX silver futures, did we join them, expecting the price of silver to fall? Hell no - we took the other side and tried to crush them and crash them. Now we must do the same in gold: I'm calling on you - do your patriotic duty and Sell Gold Crash JP Morgan. Defeat the evil cartel. Exercise your will and make a statement about your financial freedom. Alternatively, of course, you could become a Cartel Apologist and join JP Morgan by buying gold, adding to their manipulative activities. The choice is yours - but only one choice stands for freedom.
Concrete Evidence of Gold Manipulation
Congratulations Silver Warriors
So You Still Think JP Morgan is Short Billions of Ounces of Silver?
Precious Metals Charlatans - Freaks of the Industry
-KD
Note: I suppose I should point out that THIS IS NOT INVESTMENT ADVICE. Also, there is so much sarcasm in this post that I couldn't possibly denote each instance.
Reader Comments
Precious metals are a long buy and hold proposition. They are the ultimate insurance against the follies of governments. Trading in and out of the physical precious metals market is a manipulated chumps game. The trend is your friend, and when fiat currencies fail, as all of them have throughout history, metal in the hand talks.
This fool is advocating working against the destiny of others, as opposed to working in favor of your own destiny. That in itself is a zero sum game [refer to Cassiopaean comments]. Selling your gold, to allegedly wreck havoc on JPM, at a market bottom, such as the present, is mind bogglingly stupid.
This writer leaves out the recent example of the Cyprus bank bail-ins, whereby the depositors took a haircut with their money to bail out the banks. They were re-classified as bank investors...not depositors. This was trial run which will be replicated in Europe and the states when the road gets real bumpy in bankland.
I might add that Turd Ferguson is a respected investor who is right far more often than he is wrong. On the other hand, who has ever heard of Kid Dynamite before? I gotta think that this article is a spoof... or the Kid is batshit crazy.
If anyone else knows you've got it,"your f%#ked.
Keep ya mouth shut and keep that semi auto handy.
End of day a fishing pole makes more sense re- the big crash.
needs to post that THIS IS NOT INVESTMENT ADVICE note at the very top, not the bottom of the page!
Protect your belongings from the poor!
You stole 'em, you own 'em!
Side with the rich and famous today!
Heaven can be taken by force!
Jesus was a liar!
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(sarcasm)