Herding Sheep. JPM. Silver...................from Rico

It has been obvious for quite a while now that the 'conspiracy theory' about markets being manipulated has moved into the category of 'conspiracy fact.'

- One of the most flagrant examples of market 'rigging' has been of Precious Metals on the COMEX. The fraud has been so blatant that the acronym has been changed for all, except the (ahem) regulators, to CRIMEX.

 

The question "who benefits?" has gotten a lot of attention, and much of the focus has been on Gold vs. fiat-Central Banks, but Silver has been brutally monkey-hammered too.

 

The attached made me look into the mirror and have a Fred Sanford moment where I said to myself "you big dummy!"

 

JP Morgan has used this period of time as a buying opportunity. They have accumulated the second largest hoard of physical Silver bullion on the planet.

- While the sheep have been herded AWAY from Silver, JPM has stacked 55 million physical ounces of Silver bullion over the past four years.

 

This is the game being played.

- And it's apparently true, if you're sitting at the card table and you don't know who the 'sucker' is.....it's you.