Led by the global demand for Silver – key to the global campaign to destroy JP Morgan’s stock price – by forcing JPM to cover their 3.3 bn. short-Silver position – by taking that metal off the market; a strategy that guarantees hundreds of percentage points in profits for the Silver vigilantes – like Eric Sprott in Canada – and hundreds of millions of smiles on the faces of people everywhere fighting against financial terrorism – commodity exchanges are trying desperately to preserve the status quo by raising margin requirements. With each rise – comes ever greater fury from the activists and vigilantes who are are increasing their buys with a vengeance.
The current margin increase adjusted price for Silver is $32.
As long as the price stays the same – while margin requirements rise – the implied price is rising right along with the margin requirements. When the exchanges run out of room to raise margin rates – Silver and other commodities will gap-open 20-30% and the ensuing buying panic will probably result in JPM’s stock getting marked down 50% in sympathy (and we’ll be half way toward out goal).
The price of Silver as it relates to this campaign is as important as the price of lead in the American revolutionary war. That is to say, price is not important. Because revolutionaries will keep buying bullets no matter what the cost and Silver vigilantes will keep buying Silver no matter what the margin requirements are. There is no price on fighting a financial terrorist like JPM.
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