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#1
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On Nov 14, 3:17*pm, Rebel1 wrote:
There's a simple idea circulating around the internet for toppling JPMorgan. All the masses have to do is buy an ounce or two of silver. JPM and a couple of other banks have been suppressing the price of silver in an attempt to maintain faith in our fiat dollar. They do this my maintaining huge short positions (which are promises to deliver a certain number of ounces of silver at a given price before a certain date) in the futures market for silver and through a practice called silver leasing. They profit when the price of silver falls. If there were a sudden increase in demand, the price of silver would skyrocket, JPM would not be able to fulfill their short positions, and the greedy s.o.b.s would collapse. You can read more about this by googling on "Ted Butler" (with quotes). Their activities are finally being investigated (after being ignored for decades) by the Commodity Futures Trading Commission. There is no need to buy proof coins or numismatic coins. Just buy from a local coin dealer 99.9 (or better) pure silver in any form: bullion coins; rounds, which are not legal tender, but *are still silver; or bars. Even at today's relatively high price of about $24 per ounce, they are still very affordable. One-ounce American Eagles are an excellent choice, because they are recognizable, there are very liquid, and there is little difference between buy and sell prices. If 100,000,000 people bought just one or two ounces, we could say goodbye, and good riddance, * to JPM and the rest of the cabal that are destroying our country. Fight the bailed out bankers by spreading the word. The American taxpayer would have to bail them out again. ie you. |
#2
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harry wrote:
On Nov 14, 3:17 pm, Rebel1 wrote: There's a simple idea circulating around the internet for toppling JPMorgan. All the masses have to do is buy an ounce or two of silver. JPM and a couple of other banks have been suppressing the price of silver in an attempt to maintain faith in our fiat dollar. They do this my maintaining huge short positions (which are promises to deliver a certain number of ounces of silver at a given price before a certain date) in the futures market for silver and through a practice called silver leasing. They profit when the price of silver falls. If there were a sudden increase in demand, the price of silver would skyrocket, JPM would not be able to fulfill their short positions, and the greedy s.o.b.s would collapse. You can read more about this by googling on "Ted Butler" (with quotes). Their activities are finally being investigated (after being ignored for decades) by the Commodity Futures Trading Commission. There is no need to buy proof coins or numismatic coins. Just buy from a local coin dealer 99.9 (or better) pure silver in any form: bullion coins; rounds, which are not legal tender, but are still silver; or bars. Even at today's relatively high price of about $24 per ounce, they are still very affordable. One-ounce American Eagles are an excellent choice, because they are recognizable, there are very liquid, and there is little difference between buy and sell prices. If 100,000,000 people bought just one or two ounces, we could say goodbye, and good riddance, to JPM and the rest of the cabal that are destroying our country. Fight the bailed out bankers by spreading the word. The American taxpayer would have to bail them out again. ie you. Why? Get over the notion that any company is too big to fail; in reality, they are becoming too big to rescue. And the government encourages still more bigness by having strong banks take over weak ones. With the wakeup call on election day, I'm not so sure Congress would try that bailout folly again. They showered the banks with money at zero percent interest (thanks to the private company called the Federal Reserve Bank), which the banks then used to purchase risk-free Treasuries, instead of lending to businesses to create jobs or for expansion. |
#3
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"Rebel1" wrote in message
... stuff snipped With the wakeup call on election day, I'm not so sure Congress would try that bailout folly again. They showered the banks with money at zero percent interest (thanks to the private company called the Federal Reserve Bank), which the banks then used to purchase risk-free Treasuries, instead of lending to businesses to create jobs or for expansion. And to buy other banks to become even bigger. Congress has not yet learned if you want to do something, do it directly, don't depend on trickle downs, cross links, or hopeful behavior. It was as silly as believing tax breaks for the ultra-rich mean they will turn right around and put that money in American and not foreign investments. Wishful thinking. Easily disproved by analysis, repeated endlessly anyway. Obama is working hard to be remembered in history as the "cave in" president. A healthcare bill that caved in to big pharma, a tax bill that caving into the ultra-rich and a whole other bunch of comparably minor collapses. I voted for him, but I feel pretty thoroughly duped by him. All I wanted was for us to stop trying to build Muslim democracies in AfRaq at the cost of trillions when our own infrastructure and economies are rotting away. We're now in TWO Vietnams where we can't tell friend from foe. Didn't we learn anything from those tens of thousands of dead and maimed vets who, many killed by the same villagers they thought they were defending? -- Bobby G. |
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