🚨 BREAKING: JP MORGAN FRAUD CAUGHT IN 4K
(twitter.com)
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Oh I expect they planned it.
The fact it's the exact bottom might be explained by the price rising immediately after the shorts were closed due to their closure.
How do you close a short? You buy it back which creates demand on the buy side and the price goes up. Short squeeze is the term. I love nothing more that seeing shorters gets squeezed.
That's it.
Thank you for the clearer explanation.
If you are buying higher risk type investments, always check the sort postion (if you can). If they get it wrong it can create an explosvie upwards move as they are meant to be covered but often not in the US by the sounds of it.
It looks like they had 633 options contracts issued, for 100 shares each, and maybe stood to lose $43 * 100 (shares per option contract) * 633 = 2.72 million?
That can’t be right. Can someone please explain that image a bit better?
Each contract is for 5000 oz of silver.
It's a commodity not a share.
Ohh, so it was on silver, not SLV
Yes on futures.
Ahh, gotcha. Thanks!
So then gold will be going back up i presume lol
How is this possible for them to calculate?
business calculus & high-speed computers, and they have the cables and satellites from their institutions to the commodities exchanges trading computers.
control of infrastructure = they know all the trade moves, buying & selling and they can front-run any trade
They can see the order book,and they know who has stop losses,and at what price.
Them closing their shorts caused the bottom. Closing a short is buying.
I thought buying raised the value, selling shorts should rocket the price
They would have been stop loss hunting, and when triggered that would have caused a massive dump of sells onto the market which is their time to buy.
JP Morgan is being allowed to close the shorts they were forced to own by acquiring Bear Sterns closure of the 2008 crash.
17 years, and 10 months, quite a long time to close the short positions!
It's no secret the problems have grown exponentially since 2008. All big banks were instructed to throw the umbrella over the failing banks. Tarp..QE was the cover. A big hole to cover and it got bigger. That's what prompted the Basel Accords and it has taken this long to attempt a turn around. Basel III, delays and changes. Moved gold from Tier 3 to Tier 1 status. Many moving parts and no guarantees it will work. History is a good teacher.
thanks, will be watching to see how things go, Martin Armstrong called the EU will financially break apart, and then in the USA, a lot of moving parts too
Well its in plain view for all who can grasp its meaning. HOLD YOUR PM's. All this amounts to is a gulp of air while drowning in a tsunami.
The price goes up because they covered (bought back) what they sold short. Insane, but I wonder if anything would come of this.
The last time something similar happened was at the end of Dec., though not quite as dramatic as this time. Just an observation.
Wait until March. Fireworks will rival 7/4/26
The LBMA in London,delayed opening for an hour. I suspect they reset and eliminated the buy orders,that were supporting the price. They cant normal drop the price much with buy orders in place. They would have to fill all the contracts,to get under the price....
Stock market is rigged!
It’s psyop and if you know what to do it’s a signal.
*If you’re new here, yeah,,, JP Morgan is TERRIBLE. Or,,,, was terrible(?)