Tags: Silver

Today Is Crash JP Morgan Day

The inventor of the virtual specialist technology / prediction markets and the Hollywood Stock Exchange, Max Keiser, along with Zero Hedge and other investors like Eric Sprott are leading a campaign to “Crash JP Morgan Chase.” The theory is if 100 million people purchase one piece of silver at about $30 an ounce this will cause JPM to default on its naked short sale silver contracts, an estimated $1.5 trillion liability against their market capital of $150 billion. Keiser predicts the result will be $500 silver spot price and more importantly the Death Star will crash when their stock plunges as a result of their default on their naked silver position and are forced to bankrupt.

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