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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bearcatbob who wrote (146382)	3/6/2011 6:35:08 PM
From: ChanceIs	5 Recommendations Read Replies (4) of 206202

Drum roll....the envelope please... Silver is tonight continuing its large rise of last week/Friday: quotes.ino.com As for copper, beware the JP Morgan factor. It is widely known that JP Morgan is holding the mother of all silver short positions and can't get out. We may be experiencing the silver squeeze which implodes JP Morgan. JPM has been countering by developing the mother of all copper positions - at one point believed to have held some 85% of all of the physical CU on the London Metals Exchange. So all I can add is that if JPM gets squeezed on the AG side, it just might have to liquidate its CU holdings. So how would you and I know what to do?? Easy. Trivial. Just go and see if Goldman Sachs is buying CU puts and AG calls from JPM while massively buying AG, and shorting CU and JPM equity and debt. How will you find that out? Call up Goldman, pretend that you are a big - say $100 million - client - and ask their advice on metals. If they tell you to short AG and buy CU, you will know that the JP Morgan body slam is in play. Oh. And do the opposite of what Goldman told you to do - if that wasn't clear. Also get prepared to short Treasuries as Bernanke prints in order to aid Geithner in paying Goldman in full on its AU and CU options because the now defunct JPM can't make good. You might also consider getting long Goldman, but that would be at the cost of your soul. (Lent is upon us and now is not the time to be going long sin.)

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