***Precious Metals Investors Club***

[milo3]

tallstahl, I've always assumed at some point JPM Chase would
go into accumulation mode of physical silver.
However, creating a plan to have their cake and eat it too was pure genius. So...setting up the Comex with paper certs, then printing
100 times more paper than physical in order to control the physical price at artificially low prices allowed it: (1) to methodically accumulate physical at rock bottom prices (2) to help buoy the value of the U.S. Dollar.
It's no wonder JPM was 'given' Chase Bank and more bailout currency
than any of the other big banks. Since their bailout it's effectively
been a proxy of the federal government.

IF the above is accurate (and it seems very possible) it suggests those accumulating physical silver could be richly rewarded someday.