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'JP Morgan Is Finished'! JPM Silver Scandal Will Rival Libor! ~Bill Murphy

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AltInvestors has released an EXPLOSIVE interview with GATA’s Bill Murphy. Murphy has previously stated several of his best sources have advised him gold and silver will make massive bull moves in August, and will soon set new all-time highs.

Murphy went a step further today stating that ‘JP Morgan and their silver short positions is going to be a scandal rivaling the LIBOR manipulation scandal- it’s so focused, LIBOR involves so many companies, this is JP MORGAN!
They’re in BIG TROUBLE, and when silver takes out $30 it’s probably going to go to $40 or $50 and it could do it fairly quickly‘.Continued below.

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Murphy went on to say ‘the Gold Cartel and JP Morgan are starting to lose control of their manipulation of these low prices. Morgan’s position is going to be exposed, they don’t have the metal to keep the prices down here!

Muphy continued: ‘This thing is gonna blow up. Whether it’s a Madoff or an Enron, you never know when the thing’s gonna blow. I stated previously that in August the launch would start. The launch has started.
There is going to be a JP Morgan silver scandal to rival LIBOR. They’ve been caught. There are whistle-blowers that are going to do a Madoff on them. This thing is going to explode, it’s going to be sensational, and MEGA!

Full interview below:

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    Total 8 comments
    • ElOregonian

      NICE! I’m getting out my pop corn and getting ready for the fireworks!… DIE SQUID! D-I-I-I-E-E-E-E!!!!!

    • Anonymous

      how many times have we heard this??

    • Docinator

      See Max Keiser’s, Keiser report KR330 or RT’s E 330, 8/22/12: “Suicidal Skulldugary in the City& Universally Small Heads on the Street”: ~25 min. length: Max says that the Hollywood Stock market Ex. Program he created, is utililized by JP Morgan/Chase, without compensation….and he claimed on the air, that he placed a back door into the program. He’s waiting for the right time and then Max will “pull the plug” on them…JPM will go to ZERO value on the market instantly….DO IT MAX!!!!!!!!!!!

      • Anonymous

        LIBOR barely made a ripple among the masses, never understood by them and its already history- same will happen with the next scandal- whatever it is. When you control the media you make the rules. Nothing so big that it cant be covered up- esp amidst a stupid population that would rather expire than have to deal with anything difficult.

        • twisted truth

          you and calling people stupid because of them being mislead what a peice of garbage you yourself are amd look at this im not posting anonymous cause i dont care if people know i think you are a donkey!!

    • Pateriot

      You have to ask yourself the question why it is that everyone who is saying that gold and Silver are going through the roof are in the business of selling gold and silver. If they truly believed it was going to skyrocket they would be silently buying as much as they could instead of selling it. I’m guessing that JP Morgan’s short position in silver is not so stupid after all!! It sounds to me that they both agree that silver (and probably gold) are going to crash and leave a lot of people a lot poorer!

    • HDThoreau

      “It sounds to me that they both agree that silver (and probably gold) are going to crash and leave a lot of people a lot poorer!”

      And your logic for this is derived from what exactly? History? Have you ever heard of people digging for buried paper?

      Gold and silver never lose their value. Ever. Say it with me. Gold and silver never lose their value. Germans weren’t burning wheel barrows of gold. They were burning paper.

      They only thing that can supplant the value of gold and silver are food, water, and weapons.

    • Anonymous

      if max keiser has a back door, why doesnt this clown utilize it BEFORE all the damage is done and its too late? more bs from the king of bluster

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