breaking news, page-20

The cartel made an attack silver and gold last, as they have for a decade or more.

Naked short selling the heck out of silver.

JPM trying to save themselves from destruction due to the massive shorts they have. And surging silver price hurts them badly. What they did for massive profits (and silver control) they also now doing to save themselves.

Usually there would be simultaneous buying (out of Asia I believe) stabilising the price, but those guys would have been distracted last night due to Shanghai dropping 5%! and HK, Japan.

Preople are so upset with JP Morgan's illegal naked short selling manipulating the market that they are starting a campaign of retaliation in the US.

They are trying to encourage everyone who can to buy one ounce of silver. And that would be enough to crash JP Morgan.

Move Your Money Part 2: Buy Silver to Help Stop Market Manipulation and Show Too Big To Fail Banks Like JP Morgan Who Is Boss
http://www.zerohedge.com/article/crash-jp-morgan-buy-silver-show-too-big-fails-who-boss?page=1#comment-724442

I am quite concerned with Shanghai seemingly over reacting to an interest rate rise threat. If they are ready to take down 5% on that it indicates they have a number of doubts about the Chinese economy. They are the canary in the coal mine as I see it. If there is any other negative news out of China that reinforces their concerns what is going to happen.

I am taking it as a warning to cash out and wait for the opportunity buy back in. On the other hand the USA has a bunch of POMO days to come that will support and raise their market. However there is some doubt how effective it will be this time around.

I have made 13 on the bullion stocks so I may cash out monday morning then sit with cash waiting for a correction and further opportunities. Will still keep my silver and gold bullion though.