Japanese traders angry with Central Bank of Japan and its NIRP policy/IMF plans a credit event to occur in Greece as they force Germany to give debt relief for Greece/Russia and USA building up forces in Syria and Iraq/William Engdahl explains their ulterior motive/USA ISM new York mfg index falters again
by Harvey Organ
Harvey Organ’s Blog
[…] As many of you know, my theory on silver is that in 2003 China lent the USA their hoard of silver long believed to be in excess of 600 million oz. The USA received the silver so as to continue the bashing of metals. China then proceeded to massively buy and ship hoards of gold onto its shores.
I was thinking about Ted Butler’s piece, where he states that JPMorgan has bought physical metal in excess of 500 million oz. I thought that JPMorgan would not purchase that quantity of metal while at the same selling massive amounts of paper silver at basically the same time. That would be easy to trace and that would land many in jail.
What if JPMorgan was buying the USA silver hoard, on behalf of the USA government.