It's not JPMorgan but investors who are petrified

in #trending7 years ago

Bill Murphy, the chairman of GATA recently said that JPMorgan is petrified in it's silver price manipulation scheme, and we can expect the tipping point of the (COMEX) silver price. It is certain how difficult for JPMorgan to manipulate the silver price, they never give it up. Because they have to manipulate it to keep the US dollar system as a steakholder of the FRB. Only possibility that the physical silver price overwhelm the paper price exists when the investors would run to the phisical silver. That situation depends on the investor's psychology whether US dollar could maintain it's global reserve currency or not. I respect Bill and other GATA member's effort to educate the investors, but cannnot agree that the end og the silver price manipulation approaches ever closer. sryutaro.png