Wonder what name he posts under at IBlub? There may not be transaprency in the markets but at least we have it here.

Looks like we are in that correction for the PMs here ...for another week or so...so an all out blitz on many Junior PM BBs is well underway. Gotta think JP Morgan raising $4billion in debt offerings is a sign that they are not only preparing for losses in their part of "Foreclosure Gate"...but also preparing to pay out their huge siver short position with cash. That is double-edged in that they get away with years of fraud...but then they basically declare a default on delivery in the silver bullion markets which will drive the physical up dramatically. With the next options expiry upon us next week...could this be THE month that JPdoes its thing? If so, it will be very close to the Fed. announcing the next massive round of "QE"...the $US then taking a nosedive ....and gold running up to $1600 plus into late December.

As for the ramifications for the price of silver...it could easily reach $30 to$40 very quickly.

All of the above will only hasten the pressure to move into the JPMs because they are the last bastion of highly leveraged upside potential in the precious metals universe. They now represent the best on the globe opportunity to buy gold and silver where everyone absolutely knows it is...in the friggin ground....not supposedly in an unaudited ETF, unaudited US reserves, unaudited IMF, unaudited BIS (BS) etc.

All of this of course has the bad boys worried and they want in on the gold/silver in-the-ground cheap. The blatant suppression of the JPMs is yelling to us that that is what they want and where they are going. So, we see the silly nonsense on the chat boards trying to hide the truth and obfiscate the facts. It's like a bunch of cowardly bullies hiding their loot and bold face lying about it...it is soooo offensive to those of us that have been aware of it for so long. It will change quickly as volume and awareness take over.

And that will be the day that rare in-the-ground gold and silver holders will erupt.