You might want to pay attention to this.

Here is a letter I received from my mentor Paul Counsel. 

Whether it is something that interests you or not, it is something that if you pay attention to it can change your life.

" What interests me more is the potential strategies JP Morgan Chase plans to execute in the event of crash of record proportions... And whether I can gain advantage from them. "
 

Here is the letter:

JP Morgan Chase is perhaps the world's largest bank and, just like many of the world's banks, they're leveraged to the hilt... or the banks they do business with are leveraged to the hilt.

Even if you think your regional bank is safe... chances are they're leveraged to the hilt via third party risk... who they do business with is leveraged beyond all comprehension.

This means that when the economic circumstances of nations move from growth to contraction, an asset and price correction eventuates.

Just how deep this correction goes, is beyond measure in some opinions... or a mild pull back in others.

I must admit I have no opinion on the timing or depth of the crash as some are indicating.


What interests me more is the potential strategies JP Morgan Chase plans to execute in the event of crash of record proportions... And whether I can gain advantage from them.


Let me explain...

According to, JP Morgan Chase's financial reports, they have...

$620 Billion in cash and cash equivalents

Net receivables = $52 Billion
Long-term assets = $2.5 Trillion

Current liabilities = $2.2 Trillion

Shareholder equity of $2.5 Trillion

2016 Net Income was $25 Billion

Current tier one & two capital is $230 Billion

Debt to equity ratio is approximately 9.6 to 1

They also report to having approximately $46 Trillion in derivatives which is the second largest derivative holding in the world.

If the world economy collapses over the coming months...  in the worse case scenario, JP Morgan Chase could be looking at a $50 Trillion loss.

But the one thing they have, that no other bank in the world has, is the accumulation of 600,000,000 ounces of physical silver locked away in vaults.

Right now, this silver asset is massively undervalued at today’s price of $16.85 per ounce.

Now here's the interesting thing for me... how would JP Morgan Chase cover their potential loss of $50 Trillion, should an economic collapse take place?

As it turns out... it's thought that JP Morgan Chase is one of the largest players of the current silver price.

So, if a crash happened, and they were to use the asset value of silver to bail them out, what price would silver have to reach in order to cover their potential losses?

The maths look something like this... $50 Trillion in potential losses divided by 600,000,000 ounces of silver... means that JP Morgan would have to massage the silver price up to $83,333 per ounce to protect themselves from becoming extinct.

Now, I have no idea if such a price will be realised... but I do know what side of the action I "must" be on to gain advantage in the event that a coming crash might happen.

If you're not accumulating silver and gold now, you may want to reconsider because of the potential gains you could experience.

If you are accumulating gold and silver now, then adjust your strategy moving forward in view of this information.

Best regards for your prosperous future

Paul

Now if you are interested in a way to protect yourself the same way JP Morgan is protecting its self, Paul Counsel has a plan to do this with little or no risk. But it is import to take action now.

Learn How To Multiply The Value Of Your Money Without Having To Get More Money To Do It