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Would you like to get back at the banks?
Buying silver will crash J.P. Morgan, because they have paper certificates that are leveraged many times over. Getting actual delivery of silver will force them to cover their positions, crashing the bank.
7 Answers
- ahsoasho2u2Lv 71 decade agoFavorite Answer
This was tried by many people:
See wikipedia: Silver as an investment #2 Factors influencing the price.
- who WAS #1?Lv 71 decade ago
Best way to crash the fractional reserve bankers is to pay off your debts. Banks can loan out 90% of assets, meaning every free FedNote they get magically turns into 10. It also works in reverse: every dollar of debt you pay off destroys 10. So strike a blow for Freedom and get out of debt.
- Anonymous1 decade ago
TRUE
Why don't people listen to me?>?>?
http://maxkeiser.com/2010/11/28/if-jpm-covers-just...
http://www.youtube.com/watch?v=3Va7IqJexzY
CRASH JP MORGAN BUY SILVER
@Budd: they're already "crashed" and they've already been bailed out. We need to force the issue because these "zombie" banks are going to continue to rape us for generations to come.
- Anonymous1 decade ago
So what happens if the bank crashes? Obama will spend billions more taxpayer dollars to bail out his billionaire banker cronies...again.
- warriorLv 61 decade ago
In some ways, this would make me feel accomplished. However, I prefer to rid our governments of all of the corrupted dirt bags that claim to represent us.
- DustndwindLv 61 decade ago
Not really, but the government might strike new currency, or return to the gold standard. That might wake them up.