This may not be a popular post but it's what I feel.

Am I worried about AUM and the other JPM's? No, not really all the basics are there and sooner or later their stock prices will reflect their actual value.

I put Embry in the same class as Sinclair, Sprott, Dr. Paul, Schiff etc. but I'm getting a bit tired of reading how the shorts are about to start running for the hills and they're all broke and JPMorgan won't be able to keep this game on forever. We've been reading this forever and frankly, I don't believe it.

What I do believe is that there are 2 reasons why this market will explode in 2012: 1) 2011 will mark the end of 4 of the voting officers with the Federal reserve. Their replacement are all left wing idiots who are bought and paid for and will vote for QE3, 4,5,6.....

2nd) The Chinese Hong Kong market will be set to open in June of 2012. No paper sh*t just the real stuff will be exchanged. That will seriously affect the London and NY exchanges.

Later