Posts Tagged ‘JPMorgan’
Who got the 10 million ounces of gold that left GLD?
Read the Full Newsletter The three-headed monster. That's what you get, here at Miles Franklin. You get the commentary from David Schectman, founder; Ranting Andy Hoffman, Marketing Director; and Bill Holter, Cowboy, ex-Wall Street brokerage executive. We all follow the same industry icons (including John Williams, Jim Willie, Bill Murphy, Jim [...]
The Only Question Left
When you look at the math, especially the supply/demand and inventory/delivery "math" there is only one question that remains. The question is not whether the precious metals are grossly undervalued. It is not whether supply can meet demand. It is also not whether known inventories can continue deliveries at the pace of the last couple of [...]
No Conflict of Interest Here
Chief Advisor To US Treasury Becomes JPMorgan's Second Most Important Man Matt Zames has taken over the 2nd in command position at JP Morgan and replaced Ina Drew. He has worked over the last year or so to unwind the failed trades put on by the famous "London whale." Should Jamie Dimon ever step down, odds are that Mr. Zames will take the [...]
Occam’s Razor Tells Us Who Is Manipulating Gold Now
READ THE FULL NEWSLETTER It couldn’t be more obvious. Someone or some group is manipulating the gold (and silver) market in an effort to keep gold below the new “line in the sand” at $1,775 (and Silver at $35). Jim Sinclair said yesterday: There were three body blocks today at cash gold $1775. Some political party does not want a [...]
Miles Franklin Exclusive: Are you ready for an unscheduled holiday?
This past week was a huge inflection point for the global banking system. As you know, Barclays is going through the ringer over manipulating the LIBOR rate (London Inter Bank Offer Rate) and have implicated the Bank of England in the process. Now it seems that both JP Morgan and Citibank are being investigated also. One must now wonder how [...]
Jamie Dimon…”get rid of too big to fail.” Yeah right Jamie!
Jamie Dimon, CEO of JP Morgan is testifying again today before Congress regarding their "$2 Billion loss". He made the statement "I would like to get rid of too big to fail" to which if you think it through at all, is asinine! Think about the array of entities that are considered "too big to fail", ...and the reasons why. Many banks are [...]
2 Important Articles for Today
READ THE FULL NEWSLETTER My favorite article today would usually be Jim Willie’s commentary. He has such interesting information to report. It always presents a problem for me because after I edit the really important gold and silver content down to 10 or 15 pages I have to really struggle to edit it down again to two or three pages [...]
Miles Franklin Exclusive: Jamie Dimon Speaks!
Jamie Dimon speaks...but as I've asked before...why? What's the big deal? A Congressional hearing over $2 Billion? This is not even chump change in today's world. $2 Billion is merely 20% of what JP Morgan already reported for 1st quarter earnings. So...they ONLY earned $8 Billion instead $10 Billion. Think about this for a moment from [...]
JP Morgan is the Government
Andy Hoffman sat down with Alt Investors Hangout to discuss JP Morgan. Here is the two part interview: Andy Hoffman J P Morgan is the Government Andy Hoffman J P Morgan is the Govt II
Blythe Admission
Read the Thursday Afternoon Wrap-Up for 4/12/2012 and the Friday Morning Commentary for 4/13/2012 Last weekend, JP Morgan brazenly trotted out its commodities criminal-in-charge – Blythe Masters – to “defend herself” on the world’s most sycophantic network – CNBC. Long-time readers know of the venom I have for symbols of American [...]
