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  • #31
    Ah I just found some interesting information. Starting back a few years ago jp morgan started selling tons of gold and silver notes for gold and silver that they never actually had possession of. Now there's an organization called "crash jpm" that has bought a lot of these notes and are presenting them to jpmorgan saying "give us the gold/silver" and jp morgan chase is frantically out trying to buy gold/silver in order to meet these notes, which is causing the prices to rise.

    Don't know how much truth there is to this but its interesting none the less.
    I'm going to give you the keys to the Lamborghini

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    • #32
      my brother jimmy, he's 60 now, and retired, was the #2 trader out of 300 at FBI Brokers and then Liberty Brokerage. He used to sell between 400 and 600 million dollars worth of government bonds a day. A fuckin' day!!! and that was back in the mid to late 80's. His two best customers were Morgan Stanley and The nefarious Solomon Brothers-lol He used to take clients out to Ranger and Knick games, stay out all night partying, get home at 4 a.m., sleep an hour or so and get right back on the train down to Wall Street. he did make some righteous bucks though, but he earned all of it, he worked his ass off. At Christmas time, they would match his salary and hand him a check in the neighborhood of $450k, all of the the other traders went out and bought mansions out on long island and went crazy, my brother, who is the complete opposite of me, saved every one of those checks, and when things went sour and alot of his co-traders were scrambling he was quite comfortable.
      I used to ask him for stock tips when i was doing well in the 90's and he'd always say, "don't buy any". he's a pretty smart cookie, although he was a bond trader and not involved in stocks, he was right in the middle of the hey day down there and was given all kinds of tips in the 80's. One day, one of the traders at his section of the offfice was taken out in cuffs (i know, sounds like the movie Wall Street) but it happened, and back then, before then, now, and after now, people down there will always be hauling in money with no consequences, or slaps on the wrist so to speak, and they will do it with geniusly laid out plans that will have
      fallout protection of some kind, and that's just the way it is. I can't have disdain for rich people that work there, i can only have disdain for the ones who hurt others while they are raking it in. Anyone got like 6.00 for smokes this a.m.?-lol
      Not helping the situation since 1965!

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      • #33
        so is you brother going to buy the United States of America? Sounds like he has more money lol
        shawnlutz.com

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        • #34
          he's too busy hitting tennis balls with McEnroe to be bothered with such things-lol
          Not helping the situation since 1965!

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