Bob Chapman and Alex Jones video discussing how the gold and silver futures markets are like a Big Casino. Gold manipulated by the [IMF] International Monetary Fund and silver manipulated primarily by JP Morgan. Bob Chapman believes that in a market free of manipulation, gold could be trading as high as $2500 an ounce and silver, the [...]
Posts Tagged as ‘JP Morgan’
2009/07/17
JP Morgan Profits Soar to $2.7 Billion the Rich Get Richer
JP Morgan [JPM NYSE] – the Banking Giant – posted its 41st Quarterly Profit in a row. Profits soared to $2,700,000,000 or 2.7 Billion USD. The Rich Do Get Richer. Evelyn Rusli of the Forbes.com video network had this to say: The Big Banks are Poised to Make Big Money again. Morgan’s Pay , Bonuses and other [...]
2008/09/28
WaMu Handed To JP Morgan On a Silver Platter
The FDIC [ Federal Deposit Insurance Corporation] seized WaMu , the nation’s largest Savings & Loan who had been hit hard by bad mortgages , and sold it to JP Morgan for $1.9 Billion USD Cash and assumption of $31Billion in Bad Loan Debts [making option adjustable rate mortgage arm loans to the least creditworthy borrowers, who were permitted [...]