Max Keiser's "Crash JP Morgan:Buy Silver" campaign has gone mega-viral approaching dark-matter. The London Guardian is now reporting that Max Keiser's plan "could work". The following is an excerpt pulled directly from http://www.guardian.co.uk/ :
"... it has now become clear that JP Morgan is sitting on what is estimated to be 3.3bn ounce "short" position in silver (which they have sold short, meaning they don't own it to begin with) in an attempt to keep the price artificially low in order to keep the relative appeal of the dollar and other fiat currencies high." http://www.guardian.co.uk/commentisfree/2010/dec/02/jp-morgan-silver-short-selling-crash
Joel the K of The Patriots Cave is excited that this mainstream coverage includes an explanation to those critics who argue that if JP Morgan were to crash, we the people would end up bailing them out. Although at first this argument would seem valid, the following excerpt clearly illustrates how Max Keiser's preemptive investment activism is logical, effective, and highly workable. This excerpt explains why Keiser's silver campaign would override any and all bailout attempts:
"Right now, silver eagle sales for the month of November hit an all-time record high and the availability of silver on a wholesale level is drying up. The most important indicator is the price itself – holding just under a 30-year high. With each uptick JP Morgan gets closer to going bust or requiring a bailout.
Here's how the campaign works: wealth tied to a fiat currency is easily overwhelmed by wealth tied to silver and gold. And the world is waking up to the fact that they have the ability, without government assistance or other interference, to create a new precious metals-based backed currency system by simply converting their fiat paper into real money.
This campaign has 100% chance of working; it falls into the category of a self-fulfilling prophecy. As more individuals buy silver and gold, all attempts to replenish the system with more paper money will only cause the purchasing power of the silver and gold to increase – thus prompting more people to buy more. Any attempts to bail out JP Morgan would have the same effect. If the US Fed was to flood the system with bailout money for JP Morgan to cover their silver short position (as they did after the collapse of Long-Term Capital Management), more inflation will ensue and the price of silver and gold will rise more, triggering more purchases. A virtuous circle is born.
If anyone is interested in helping to crash JP Morgan, buy silver. In the end, it's about transferring wealth back to the people from where it came."
Also I would ad that given the mechanics and viral nature of this revolutionary activism, it should be noted that this is bigger than just JP Morgan. JP Morgan is simply a tool to be utilized in this rising tide of action. Max Keiser was quick enough and intelligent enough to realize the scope and raw power of Alex Jones' world-changing invention recently dubbed the "Googlebomb".
Alex Jones, founder of http://www.prisonplanet.com/ and http://www.infowars.com/ and host of The Alex Jones Show, a government watchdog show which has led movement after movement for over a decade, was first to harness the social and political power of using Google trends and key search terms to expose issues which the corrupt mainstream media attempts to bury.
It was on The Alex Jones Show, during a Max Keiser appearance, that this mega-viral Crash JP Morgan:Buy Silver movement was born. In only a few short weeks, the movement has grown into an unstoppable juggernaut. The spot price of silver has increased over $3.00/oz. since Max Keiser launched his preemptive economic assault on the same corrupt mega-banks who have crushed our economy, put millions out of work and suck the lifeblood of the middle-class like the parasite they are.
Find out more about this movement on Joel the K's weekly radio program "The Silver News", which airs every Sunday morning at 10:00 AM Eastern on Blogtalkradio. Catch my re-broadcasts on my blogtalkradio replay widget located near the upper right side at http://www.thepatriotscave.com/. Also look for Joel the K's "Invest In Silver" APMEX affiliate banners flying proudly at various positions in The Patriots Cave.
Join Max Keiser today and take back your children's future. For The Patriots Cave and The Silver News this is Joel the K, over and out.
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