Bix Weir ~ JP Morgan: “Operation Silver Slam”
Road to Roota | June 28 2012
Everything I Watch Is Firing On All Cylinders…
But the one thing that can destroy the entire paper and electronic financial system is the one that really matters.
And it continues to tilt towards OBLIVION!
JPMorgan Trading Loss May Reach $9 Billion
http://dealbook.nytimes.com/2012/06/28/jpmorgan-trading-loss-may-reach-9-billion/?hp
“Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.”
“When Jamie Dimon, the bank’s chief executive, announced in May that the bank had lost $2 billion in a bet on credit derivatives, he estimated that losses could double within the next few quarters. But the red ink has been mounting in recent weeks, as the bank has been unwinding its positions, according to interviews with current and former traders and executives at the bank who asked not to be named because of investigations into the bank.”
Taking down JP Morgan is the key as they have over $70T in derivatives that WILL destroy the global financial system and with that the destruction of the Bad Guy’s power. With the Bad Guy’s “virtual wealth” gone their “virtual power” is gone as well!. JP Morgan also heads the Silver price suppression book as I discuss in this article:
Dear JP Morgan
Dear JP Morgan and all subsidiary banks. I have come to the conclusion that until you can show exactly where the 9 billion $'s went to, I will no longer contribute to your pockets. You have stolen the homes of millions and sent them out on the street. You have manipulated markets resulting in huge losses for humanity. You have effected the lives of millions upon millions of people and not in a uplifting way. Now I watch you as you are crashing and dying. I have always been told not to support dying businesses especially with all of the lieing, cheating and stealing you have done. You are nothing but a corporation and you have NO GOD GIVEN RIGHTS from our Prime Creator. At last your time has come. So goodbye, farewell. On this one you will not fade quietly into the night but taken down in front of the whole world.
Loving Light
Deb Aughenbaugh