30 April 2012
Occupy the SEC on Wall Street Banks, JPM 'Hedging,' and the London Whale
JPM's 'hedging' is really prop trading.
I suspect strongly that this is the basis of their 'silver hedging' as well.
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"As it was in the days of Noah, so shall it be with the coming of the Son of man. In the days before the flood, they were eating and drinking, marrying and being given in marriage, even to that very day in which Noah entered into the ark. They did not know what was happening, even as the flood came and swept them all away." Matthew 24:37-39