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Tuesday, 25 October 2011

Conflict of Interest...........from Rico

Let's talk about the ETF [SLV] and Silver manipulation.....and a little thing called "conflict of interest."

JP Morgan is THE World's largest short-seller of Silver.

JP Morgan is THE custodian for the World's largest 'long' Silver fund [SLV].

If holders of SLV make a profit, JPM suffers losses on its "short" positions.

Thus, JPM has a HUGE incentive and vested-interest to try and ensure that holders of SLV make as little as possible.

Can you say "conflict of interest?"
- I knew you could!

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