Max Keiser: "IMF is Pledging Greece's Assets as Collateral" Interview by Helen Skopis

[ahamatmabrahman]

If its true that measures have been put in place to prevent Greece from defaulting on a new IMF bailout then there should be no need for collateral

[pepintheshort100]

The best interview ever!

[jogurtkulturaa]

market fundamentalist extremist view - I heard American laws and Obama are fighting all kinds of extremist groups - like those who prepare for the end of the world, compiracy theorists, and all kinds of them, what's with the banks

[yipeeeeeeeeee112]

i got 15 oz today :) crash jp

[Tommy1653]

whats a short

[KhmerD0g]

@Tommy1653

think "short" as negative.

in financial term it means high risk. buying or selling something with high risk.

[treysparker]

@Tommy1653

A short is essentially a bet that the price of something will fall. The greater the price falls, the more money the short seller makes.

Thats why JP Morgan wants to keep the price low.

Whats special about this is that JP Morgan was involved in 'naked shorts'. They were selling silver shares to buyers, took their money, but didnt give the buyers the shares they were promised.

JP Morgan is screwed as is, if we all buy silver, they'll crash completely.

[Tommy1653]

@treysparker where am I suppose to buy silver from?

[treysparker]

@Tommy1653

If you're buying online, i highly recommend Scotia Mocatta.

Go to their website, you can google it, then click on 'estore' at the top right hand side. Then click 'enter estore' at the top and voila.

You could also find a local bullion dealer where you live. Just make sure they don't charge too much above silvers spot price.

[GeorgeGreekTrucker]

@Tommy1653 Short selling Is the selling of something you don't own.

Short or naked selling is actually a bet, you sell Greek bonds today but the delivery of the actual paper is set for sometime in the future.

By selling a big pile of them today you force their price down (offer & demand).

Then you buy them at that lower price to cover your sale and the difference goes in your pocket.

In the scale and variety of "securities" that is done by the "Big 6" small countries are wiped out.

[Hendo1974]

CRaSH JP MORGAN-BUY-SILVER

GETTING REPORTS THAT JP MORGAN TRYING TO CORNER THE COPPER MARKET=GET SILVER ON THE CHEAP AS A BY-PRODUCT!