Blythe Masters’ Ex-Husband Launches Bitcoin Hedge Fund

Blythe Masters Jamie DimonBlythe Masters is perhaps the most maligned human being on earth by silver investors due to suspicions of JP Morgan’s manipulation in the silver market. Well she’s back in the news, but it has nothing to do with silver.
Rather, the news relates to the fact that her ex-husband and commodities traders, Daniel Masters, has just launched a Bitcoin hedge fund from the island of Jersey, a British Crown dependency. [Read more...]

$1 Quadrillion Derivatives Game to Go Down in 2015 in a HOUSE OF FLAMES!

swingWhat just happened to the metals’ price? 
It went up and absolutely killed those speculator shorts that I talked about last week.   
But GUESS what the commercials did as price went HIGH?
You got it, my faithful readers, THOSE COMMERCIALS picked up 11,890 short positions at higher prices. 
Guess what is about to GO DOWN? 
Silver price. 
As price comes DOWN, BUY BUY BUY BUY physical from The Doc and once the dust clears on the world wide financial collapse next year you will sell your physical at astronomical prices and reap a great harvest.
They are solidly in control of the monetary system of the world but have over invested in the greedy derivatives game and those bets are going to go down next year in a HOUSE OF FLAMES.  

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Are Dimon & JPMorgan Throwing Blythe Masters Under the Bus?

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BlytheThe Doc & Eric Dubin are back for the Metals & Markets to discuss:

  • Gold & silver capped by the cartel at $1300 & $22- is a big move on the horizon? 
  • The Dollar’s death by a thousand cuts suffers numerous flesh wounds as Russia prepares major oil deal with China
  • The Doc updates listeners with the state of the physical gold & silver market in the US via the eyes of SDBullion- Silver Eagles live in stock with all the Authorized Mint purchasers for the first time in 2014!
  • Blythe Masters reportedly under investigation by Federal Prosecutors in Manhattan- will Blythe Masters be the first top level banker convicted in the aftermath of the financial crisis? 

 The Doc & Eric Dubin discuss all this and more in the latest SD Weekly Metals & Markets:

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JPMorgan Sells Commodities Unit to Mercuria for $3.5 Billion

JP Morgan Dimon MastersIt appears that silver investors’ days of deriding Blythe Masters as the face of JP Morgan’s alleged gold & silver manipulation may be over, as Jamie Dimon has formerly announced the sale of JPM’s commodities division to Switzlerland’s Mercuria for $3.5 billion.  
The Morgue will however reportedly continue its global commercial gold vaulting business, as well as financial products (derivatives) and will continue to “make markets“. 
Perhaps Blythe should re-apply for a position at the CFTC?  [Read more...]

Bank Participation Report Reveals JPMorgan Engaging in a Civil War, Goes Long Gold!

Blythe Masters Jamie DimonThe Civil War in gold continues. JPM Morgan is still NET LONG 45,000-50,000 contracts. The other 23 banks are desperately shorting gold, attempting to cap price and keep it below the technically-critical $1350-1360 area.
Which side will win in the end? That’s hard to say but I certainly think it would be foolish to bet against the ultimate Masters of Darkness. I mean, seriously…the other 23 banks continue on as if it’s business as usual…selling while prices rise and covering on dips…while JPM maintains it’s NET LONG position acquired while price from $1800 in October of 2012 to $1200 in June of 2013.
Clearly, the other 23 banks have a lot of ammo left to use to contain rallies,  but the key to 2014 and beyond continues to be JPMorgan. What will they do with their NET LONG position? Will they flip it back to NET SHORT? Will they stand for delivery?
Will they <gasp> actually 
add to it on continued price strength? 

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T. Ferguson: Gold to Break 100 Day Moving Average Next Week, Target $1500 in 2014!

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gold bullTurd Ferguson joins the SD Weekly Metals & Markets as a special guest host this week! We discuss:

  • Blythe Masters joins the CFTC for 12 hours to advise on Swaps regulation- TF lets loose on the audacity of the criminal banksters
  • Price trends in precious metals and fundamental underpinnings going forward
  • The Doc’s retail market report- big money is buying physical with both hands
  • Turd Ferguson on the “end game” of the “Great Keynesian Experiment”- TF calls for gold to break its 100 DMA to the upside next week, gold & silver to challenge $1525 and $26 in 2014.

Turd Ferguson discusses market manipulation & his outlook for the metals on the SD Weekly Metals & Markets! [Read more...]

JPMorgan’s Blythe Masters to Join CFTC?

Blythe Masters Jamie DimonIn perhaps the most bearish news for paper gold & silver prices of the year, the head of JPMorgan’s Commodities division (and the face of the bank’s alleged manipulation of the gold & silver markets) Blythe Masters, has just joined the CFTC in ad advisory role for swaps regulation.
No, this is not April 1st, and yes, you read that correctly. Blythe Masters, welcome to the CFTC. [Read more...]

JPMorgan Loses 44% of Gold Inventories in 4 Days!

Blythe Masters Jamie DimonIn another stunning withdrawal, JP Morgan had  an additional 321,500 oz  gold ounces removed from its vaults today.
Since last Thursday, JP Morgan has lost 44% (20 metric tons = 643,000 oz) of its gold inventories.

If a picture is worth a thousand words, then the table below is worth over $400 million (at current market prices): [Read more...]

Guest Post: JP Morgan Wants Their Gold Back Before the Coming Currency Reset!

Blythe Masters Jamie DimonJPM wants their gold back before the current fractional reserve bullion banking system breaks, prices skyrocket again and a new global currency regime takes hold.
And now, for the first time ever, they’ve cornered the Comex gold futures market in order to ensure that it happens.
[Read more...]

*Breaking: CFTC Closes 5 Year Silver Investigation- No Viable Evidence of Manipulation

*Updated 11pm EST 9/25*
Well, that didn’t take long.  After Andrew Maguire went public last Friday that the CFTC is holding evidence that JP Morgan manipulated the gold and silver markets, moments ago the CFTC announced it is closing its 5 year investigation into silver market manipulation, and that after 5 years of investigation the CFTC has found:

“Based upon the law and evidence as they exist at this time, there is not a viable basis to bring an enforcement action with respect to any firm or its employees related to our investigation of silver markets.”
Something tells us Mr. Chilton won’t be releasing any contrary statements by the end of September as promised either.
Let the manipulation continue indefinitely until the last ounce of physical gold and silver are removed from COMEX vaults! [Read more...]

Dominatrix Of Silver: Blythe Masters May Part From JP Morgan

From time to time, don’t you wish you could step into the mind of someone like Blythe Masters to see what she really thinks.  OK, you can stop getting “the creeps” now.  But seriously, this woman knowingly  lied to CNBC last April, stating “JPM’s commodities business is not about betting on commodity prices but about assisting clients.“  Now that her energy market operations have come under fire, she has a wee-bit more than just a public relations problem.
Nevertheless, the Dominatrix of the silver market will likely sail off with the divisions JP Morgan sells, while JP Morgan will pay fines as a cost of doing business.
Meanwhile, with her eventual JPM departure and the statute of limitations on the CFTC’s silver investigation set to run out at five years, the mega scandal that should have been on the headlines years ago – silver manipulation in service of capping gold, suppressing interest rates and buying years of extra life for the reserve status of the U.S. dollar – fades down the memory hole.
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JP Morgan Cornering Gold? I’m assuming manipulation is here to stay

Jamie DimonWhy would anyone expect JP Morgan to change strategies now?

It’s possible, I guess, that the banksters might decide that they can get really rich by cornering the right side of the precious metals market and by “letting” prices soar.
Then again, if the bank’s gold portfolio soars, the bank’s dollar-backed investments would likely tank. That is, protecting the dollar is probably more important to them than booking any profits on precious metals.
My assumption is that JP Morgan  is not calling the shots all by itself.
Who has more power than JP Morgan? The U.S. government. And our bankrupt government likes paper, not gold.
In fact, our government probably despises gold. And fears that one day millions of Americans will wake up and start buying the stuff in mass. [Read more...]

*Breaking: JPMorgan To Sell Physical Commodity Business!

EmptyVaultWith JPMorgan’s COMEX gold vault down to all-time historic lows and the firm looking at a $1 billion settlement with FERC over Blythe Masters’ manipulation of the electricity market, JPM has just announced shocking news that the firm is seeking a sale, spin off or strategic partnership of its physical commodities business.


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JPM Appears to be Getting Out of the Silver Manipulation Game

JP Morgan Dimon MastersJPM is getting out of the silver manipulation game. Perhaps they’ve been warned by the CFTC.
Perhaps they simply see the writing on the wall. It’s impossible to say.
What we do know is: [Read more...]

SD Metals & Markets: JP Morgan Has Likely Covered Large Percentage Of Silver Short Position!

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On this week’s SD Weekly Metals & Markets, we’ll cover:

  • Doc’s physical market trends report- silver shortage easing?

  • Back over $22 silver with the commercials (& likely JP Morgan) nearly net neutral in silver- what it likely means

  • Next week’s FOMC: QE tapered or has the Fed run out of room for MOPE with foreign governments outright selling $50 B of Treasuries in May?

  • We cover Edward Snowden & the NSA’s PRISMGate with a “Wag the Dog” rhetoric and war drums ramping up against Syria- major regional conflict could erupt involving Iran, Syria, Russia, and Israel should the US launch a ground invasion of Syria

The SD Weekly Metals & Markets with Eric Dubin & The Doc is below: [Read more...]