"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Tuesday, April 19, 2011

JPM Scamming Again

Since I've started to follow the metals market, some crazy crap has happened.  I've started to view life in a new manner.  No long do I fret the moments the traffic light turns from yellow to red while I'm under it, I just can't accept the perspective of life I had before I learned of JP Morgue's manipulation.  For some reason, a measly speeding ticket or traffic light infraction seems so minimal when you think about JP Morgue's six contracts of Silver they have, especially since they are the Custodians of the SLV ETF.  Its all such a joke.  People have a shock to the real world of criminal activity even though Law & Order pulls 33% of the volume of Dancing With The Stars.  This disconnect explains the ability of people to be hypnotized by TV, music, and things.  Thanks to ZeroHedge I'm reminded of Tyler Durden and him saying "I see all this potential, and I see it squandered. God damn it, an entire generation pumping gas, waiting tables – slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place". 

The news has been acting like they can forecast something, claiming the US will reach its debt limit in May.  Treasury Direct has a debt calculator for the US debt limit, that ZeroHedge.com listed a link to, which reports we passed the "legal limit" of $1.3 Trillion three days ago.  Think those dickwads in Washington will punish themselves for breaking the law?  Its all a repeat, nothing is real anymore.  I sit here watching this crap take place, stuck jumping through the mundane hoops we have created and labeled University, while people 2x my age act like this is nothing meanwhile they get red in face when it comes to some gay couple getting married.  The small stuff is not relevant anymore.

JPM on five separate occasions has added between 160,145 Troy Ounces and 160,453.  They averaged 160,344 or about $239Mn as of today's close price $1,492.80.  Something fishy is going on.  Bloomberg reported the University of Texas bought the Gold from HSBC yet HSBC transfers the exact amount into JPM's vault.

March 29

March 30

April 8

April14

April 15