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JP Morgan Stock Price Can’t Outrun Silver, But it Will Try
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
silvervigilante.com / By SV / September 14th, 2012
JP Morgan enjoyed the headlines yesterday, a temporary reprieve from the vile cesspool of news coming out of the lender in recent months, dressed in corruption as it has been. JP Morgan saw their own stock price plunge 24 percent in the month after disclosing the bad apple, multibillion-dollar trading loss otherwise known as the “London Whale” which has since emerged as a multiple-trader snafoo resulting in at least $28 billion in losses this year for the welfare-made lender. As of today, that loss has been negated. However, although the bank’s stock climbed 3.7 percent to $41.40 yesterday in New York, moving past the $40.74 closing on May 10, the day Jamie Dimon announced the then $2 billion trading loss, it was no match for the devil metal’s near 6 percent rise in price in the wake of Ben Lightyear Bernanke’s announcement of Quantitative Easing to infinity and beyond:
Thanks to BrotherJohnF
2012-09-14 20:48:45
Source: http://silveristhenew.com/2012/09/14/jp-morgan-stock-price-cant-outrun-silver-but-it-will-try/
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