Silver Class Action Suit
MsMorrisine
Posts: 33,239 ✭✭✭✭✭
MsMorrisine
Posts: 33,239 ✭✭✭✭✭
MsMorrisine
Posts: 33,239 ✭✭✭✭✭
Comments
Woohoo, I'm gonna be rich!
Click on this link to see my ebay listings.
The courts have also set aside over $311 million of JP Morgans fine for victim settlement. Victim information and link to the Victim Impact Statement form available at this link:
JPMorgan Chase & Co., Deferred Prosecution Agreement (DPA)
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
As an owner of SLV since before the 2011 silver price I may want to submit a Victim Impact Statement. derryb, do you have any idea of the main points a "victim" need to make?
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
For the DOJ JPM claim, list losses and document with buy/sell dates and prices and provide copies of brokerage statements to support your claim. Remember, the settlement is for losses incurred due to manipulation in the futures markets. The claim must clearly show that the losses were a result of the futures market manipulation.
Most of us trade paper PMs using ETFs (such as SLV) whose price is indirectly affected by futures exchange trading. To claim a loss with such ETFs one must document (attachments if necessary) how the ETF price was affected by futures trading.
For these PM ETFs ETFdatabase.com provides links to what each ETF specifically tracks. Few, if any of these ETFs, directly track the futures market and in most cases track another index that does track the futures market. SLV for example tracks "silver bullion." To make a claim involving SLV one must show that SLV tracks bullion and that bullion prices is determined by the futures market. If necessary, include copies of applicable information from the ETF database website. Do not assume that the person reviewing the claim is versed on how ETFs are indirectly affected by futures trading.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
If I didn't sell any silver between 1-1-99 and 9-6-2016 I didn't have a provable loss, right? I might have paid more than I should have, and if I had tried to sell it I might have lost money, but it's worth more now than when I bought it. Just trying to not embarrass myself.
this is bought or sold
It is for losses, which always involve a buy AND a sell
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Too bad my grandpa died already. Because he spent 60 years collecting gold and silver only for these monsters to take it when he needed it the most. These people shaved untold tens of thousands of dollars off his wealth. Fought in 2 wars and served as a firefighter for 30 years. And they just fixed the market when he needed it most and made it next to worthless.
These bankers still go on vacations, grocery shopping, still use planes, etc. A very many number have Facebook and LinkedIn profiles with pictures of themselves and their families.
Its only a matter of time until someone becomes unglued enough to do something about it themselves. Twitter has been consistently removing threats of violence from JP Morgan's feed for months now. Every now and again you see people posting their guns and talking about how screwed their family is bc the banks robbed them by fixing gold silver etc.
Maybe stealing hundreds of millions from people was a bad idea.
Sue Happy is a lawyer. Probably running for Congress.