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23/06/24
17:52
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Originally posted by spiderman14:
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Is JP Morgan in trouble? Have paper Gold and Silver contracts turned around to bite them on the bum? Is Jamie Dimon's step away from the company connected to the above? Was Jamie's visit to China an attempt to save the company? They can't deliver the physical and they are now being asked to deliver on their promises. They can't and the world knows it. Without firing a shot China , India and other physical buyers are winning a war. The whipsawing we are seeing in Silver and Gold is likely the last stage before the real bull run . JP Morgan and other derivatives traders are in serious trouble. Can the Fed save Jamie? Is the Fed in trouble too?
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I haven't read where JPM can't deliver but it wouldn't surprise me. Their criminal activities have gone on for far too long now, and Dimon, like all these bankers will just walk away with more money than you could poke a stick at, if he has to.