JPM’s loss is at least $3B now

[JoNYphi]

What do you think this will do to POS in the near future?

1 POS UP

2 POS DOWN

3 POS FLAT

[Ivan]

whats pos?

[JoNYphi]

(05-17-2012 11:31 AM)Ivan Wrote:  whats pos?

It means the price of spot silver

[EL34]

(05-17-2012 11:36 AM)JoNYphi Wrote:  

(05-17-2012 11:31 AM)Ivan Wrote:  whats pos?

It means the price of spot silver

LOl,
POS means Piece of Shiste everywhere I have ever been
Shiste not being a rock formation

[JoNYphi]

Sorry, my misunderstanding.

I mean the spot silver price here.

[II DALTON II]

I think JPM may buy some Silver and drive it up to cover some of their losses. I may be wrong though. Just keep an eye out for big spikes in volume.

[Cointreau]

Come on JPM! Whack silver down again. You know you want to! And don't leave out gold either. Best wishes from all the silver bugs.

[agsilverbear]

"POS" is internet slang for the USDX. I don't know if Turd Ferguson coined the term or not but he uses it.

[Honey]

I also associate POS with the dollar index (USDX).. but I am also a Turd reader. (No..I do not have a yellow hat.)

When referring to other items, like cars, etc. POS means something entirely different.

tee hee!

[mongo9584]

Fed's Bullard Says Largest Banks Should Be Split Up

Read more: http://www.foxbusiness.com/news/2012/05/...z1vAFY4cll

[Dom2012]

http://m.guardian.co.uk/ms/p/gnm/op/sZBC...t=business

[Ivan]

now its up to 5b. and to think about it, they have 70t in derivatives and 5b lost is like less then 1%. i can only imagine what would happen if they lost all at more.

[Viper_99]

(05-17-2012 04:22 PM)mongo9584 Wrote:  Fed's Bullard Says Largest Banks Should Be Split Up

Read more: http://www.foxbusiness.com/news/2012/05/...z1vAFY4cll

John F. Hylan, Rothschild quotes:
The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities states and nation. At the head is a small group of banking houses generally referred to as 'international bankers.' This little coterie... run our government for their own selfish ends. It operates under cover of a self-created screen...[and] seizes...our executive officers... legislative bodies... schools... courts... newspapers and every agency created for the public protection.

I say break them up and do it fast!

[Mr.Akamkk]

(05-18-2012 01:41 PM)Ivan Wrote:  now its up to 5b. and to think about it, they have 70t in derivatives and 5b lost is like less then 1%. i can only imagine what would happen if they lost all at more.

Give it time, its going to come back around like a bad case of heartburn and then watch the rats run. I think that is when the PM's really start to move North quickly, and Blythe will disappear like a fart in the wind.

[SilverTemplePilot]

7 Billion now?

lol you're going to have to keep changing the title of this thread as the loses keep going up and up and ....

[Honey]

Just put a t instead of the b on the original post amount and it may just be correct in the end..

[Kapten hörntand]

Its gonna be a trembling summer just following JPM stock levels vs AG spot price.
For me it seems like they've put a doorstop at POS and we might see GSR ticking up slowly!?

[Dom2012]

(05-21-2012 10:30 PM)Honey Wrote:  Just put a t instead of the b on the original post amount and it may just be correct in the end..

awesome statement ! abduction so true 70.1trillion at last count wasn't it lol !!

[Ivan]

now its 7b. its chop change for them.

[JoNYphi]

Now, it may be over $30B.

http://www.jonyphisworld.blogspot.com/20...-just.html