In 6 Days, JP Morgue Has 41% More Physical Silver.

It has been 6 days since I last looked at the CRIMEX warehouses to see where the inventory of silver is. Despite the massive sell off in the paper, there is 1.5 million LESS ounces in the vaults. In a REAL market of REAL supply and REAL demand, one would think that there must be a lot of new supply or less demand, right? Well, we live in Bizarro Bankster World where banksters can rig the paper game by raising margin requirements that force speculative paper buyers to dump their positions like they did the the Hunt Brothers. They can also naked short the paper market and never settle with unlimited fiat dollars and impotent and co-opted regulators waiting for their cushy bankster consulting jobs. The 8 largest banks are net short 150 days of GLOBAL silver production. There is not historical equivalent to this massive, unsettled short position. This is why I have only said to buy REAL physical silver as a Silver Bullet to bring this corrupt enterprise down and a Silver Shield to protect your family for a mathematically, inevitable global fiat currency collapse.

5/5/11 Report…

And today’s…

What we did not see in the Bizarro Bankster World, is a huge influx of REAL physical silver into the vaults despite over 8 times the global production of silver being paper traded last week. (Read…Observations of a Silver Smack Down and I Smell BS in the Silver Market.) And demand must be up, because despite the massive sell off, there is LESS silver in their hands. We are now below 33 million ounces in the registered category and at 101 million ounces overall.

In fact the only depository that is up in inventory is, drum roll please……. JP Morgue. Their brand spanking new depository has 41% MORE silver in it’s vaults than it did just 6 days ago. They went from 461,000 ounces to 651,000 in less than a week. Could Blythe and the Banksters be playing a huge paper game to get MORE physical silver? Maybe once JP Morgues vaults are full they will cover their silver shorts and send silver to the moon? Maybe Blythe can ride a real Silver Rocket, this time on the right side of history…

Friday update…

One day later JPM adds another 100,000 ounces overnight increasing its total holdings of REAL physical silver by 15%. And none of the holdings are in the registered category. Hmmmm…

Wake Some People Up!