J P Morgan, page-3

  1. 228 Posts.
    Or, (if you believe the JPM rumours)... you could take the contrary position that gold cannot rise too fast, or else it would put JP Morgan at risk.

    Consider the possibility that central banks are prepared to act as sellers of gold to prevent such a collapse. This would put a firm ceiling on the POG for now.

    The impact of a JPM collapse would be enormous, they are one of the elite companies that make up the D&J index, plus consider all the financial instruments they write.
 
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