{"id":7566,"date":"2015-04-25T07:13:04","date_gmt":"2015-04-25T12:13:04","guid":{"rendered":"http:\/\/olduvai.ca\/?p=7566"},"modified":"2015-04-25T07:13:04","modified_gmt":"2015-04-25T12:13:04","slug":"why-is-jp-morgan-accumulating-the-biggest-stockpile-of-physical-silver-in-history","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=7566","title":{"rendered":"Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History?"},"content":{"rendered":"<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/why-is-jp-morgan-accumulating-the-biggest-stockpile-of-physical-silver-in-history\" target=\"_blank\">Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History?<\/a><\/h3>\n<p>Why in the world has JP Morgan accumulated more than\u00a0<strong>55 million<\/strong>ounces of physical silver?\u00a0 Since early 2012, JP Morgan\u2019s stockpile has grown from less than\u00a0<strong>5 million<\/strong>\u00a0ounces of physical silver to more than\u00a0<strong>55 million<\/strong>\u00a0ounces of physical silver.\u00a0 Clearly, someone over at JP Morgan is convinced that physical silver is a great investment.\u00a0 But in recent times, the price of silver has actually fallen quite a bit.\u00a0 As I write this, it is sitting at the ridiculously low price of $15.66 an ounce.\u00a0 So up to this point, JP Morgan\u2019s investment in silver has definitely not paid off.\u00a0 But it\u00a0<strong>will<\/strong>\u00a0pay off in a big way if we will soon be entering a time of great financial turmoil.<\/p>\n<p>During a time of crisis, investors tend to flood into physical gold and silver.\u00a0 And as I mentioned\u00a0<a title=\"just recently\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/the-six-too-big-to-fail-banks-in-the-u-s-have-278-trillion-dollars-of-exposure-to-derivatives\">just recently<\/a>, JPMorgan Chase chairman and CEO Jamie Dimon recently stated that\u00a0<a title=\"not too long ago\" href=\"http:\/\/www.shtfplan.com\/headline-news\/there-will-be-a-more-volatile-crisis-jpmorgan-chief-signals-coming-financial-tsunami_04102015\" target=\"_blank\">\u201cthere will be another crisis\u201d<\/a>\u00a0in a letter to shareholders\u2026<\/p>\n<blockquote><p>Some things never change \u2014<strong>\u00a0there will be another crisis, and its impact will be felt by the financial market.<\/strong><\/p>\n<p>The trigger to the next crisis will not be the same as the trigger to the last one \u2013\u00a0<strong>but there will be another crisis<\/strong>. Triggering events could be geopolitical (the 1973 Middle East crisis), a recession where the Fed rapidly increases interest rates (the 1980-1982 recession), a commodities price collapse (oil in the late 1980s), the commercial real estate crisis (in the early 1990s), the Asian crisis (in 1997), so-called \u201cbubbles\u201d (the 2000 Internet bubble and the 2008 mortgage\/housing bubble), etc. While the past crises had different roots (you could spend a lot of time arguing the degree to which geopolitical, economic or purely financial factors caused each crisis), they generally had a strong effect across the financial markets<\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History? Why in the world has JP Morgan accumulated more than\u00a055 millionounces of physical silver?\u00a0 Since early 2012, JP Morgan\u2019s stockpile has grown from less than\u00a05 million\u00a0ounces of physical silver to more than\u00a055 million\u00a0ounces of physical silver.\u00a0 Clearly, someone over at JP Morgan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[236,239,374,4714,948,4939,647,730],"class_list":["post-7566","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic-collapse","tag-economic-crisis","tag-gold","tag-jamie-dimon","tag-jp-morgan-chase","tag-physical-silver","tag-precious-metals","tag-silver"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/7566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7566"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/7566\/revisions"}],"predecessor-version":[{"id":7567,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/7566\/revisions\/7567"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}