“New commentary from a bullion insider who claims to have personally managed the movement of 27 million ounces of gold from HSBC’s vaults into JP Morgan’s seems to substantiate Sinclair’s claims.
The industry insider has come forward claiming that JP Morgan’s paper short position is in fact a hedged trade (as Blythe Masters claimed here)- and claims that JPM is in fact MASSIVELY LONG PHYSICAL GOLD AND SILVER HELD IN THEIR OWN PRIVATE VAULTS while short the paper futures market.
Is JP Morgan actually a double agent shorting the paper metals market for their own benefit?”
JP Morgan Article Link: http://moneybagsworld.blogspot.com/2012/09/is-jp-morgan-shorting-paper-metals.html
Link To Hugo Salinas Price’s New Article: http://moneybagsworld.blogspot.com/2012/09/reflections-on-effects-of-war-as.html
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