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Re: Toofuzzy post# 20566

Saturday, 06/29/2013 12:13:54 PM

Saturday, June 29, 2013 12:13:54 PM

Post# of 22255
I doubt that JP Morgan will ever make any robust attempts to cover their short positions in Gold and Silver and really why should they when they have Gov't supported leverage points as high as 130/1 allowing them to control the contract differences in Comex.....they have been able to manipulate the PM markets for years because they are to big to fail....this is total horse crap and the only thing JP and the rest of the big money crooks are doing is forcing the small investors to sell their physical inventories from fear....I really wonder now many folks have sold out in this recent downtrend and for every ounce they have sold to the big money crooks,they can turn around and sell 130 ounces on paper....not sure if I am making any sense in this rant early on a Sat morn but I am totally pi--ed .....I am from a time when banks and lending institutions were allowed 7-10% leverage on physical inventories and this was an acceptable range that should have been satisfactory to all, and it was until some of the big money crooks began buyouts and takeovers of the smaller big money crooks....now there is only the few that got Gov't bailouts because they were to big to fail....so you ask if they are covering short positions....the answer is yes and no why should they....the yes answer covers the ones they can make big money on the no is the ones that are being added to and waiting support from the feds and paper manipulation to squeeze some more out of the small investors......ahhhhhhhhhhgr done ranting...great to see you are getting it back DT Goody....hope we can all hold or add to our positions and not be lead by fear to sell out....I continue to hold and will never let those greedy ba__ds get my metals......have a great weekend everyone......

Paid

This is my first rant or post for many months.....don't have time and to upset to let loose...aargggg
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