Well, just when Rothshill bankster Jamie Dimon thought the news cycle was finally over with the weekend hitting, the bought media is beginning to cave in, and is covering reports of how the massive bank is run more like the fraudulent Enron. Yes, the Matrix is officially rebooting – the Huffington Post of all places is reporting this.

I won’t let you struggle through all the jargon and bring out the heart of the article:

“Enron has performed an entity-wide value at risk analysis of virtually all of Enron’s financial instruments, including price risk management activities and merchant investments. Value at risk incorporates numerous variables that could impact the fair value of Enron’s investments, including commodity prices, interest rates, foreign exchange rates, equity prices and associated volatilities, as well as correlation within and across these variables. Enron estimates value at risk for commodity, interest rate and foreign exchange exposures using a model based on Monte Carlo simulation of delta/gamma positions which captures a significant portion of the exposure related to option positions. The value at risk for equity exposure discussed above is based on J.P. Morgan’s RiskMetrics(TM) approach. Both value at risk methods utilize a one-day holding period and a 95% confidence level. Cross-commodity correlations are used as appropriate” was Enron’s statement during its bankruptcy proceedings in 2001.

In other words, Enron used JP Morgan Chase’s risk model approach when it came to their numerous investments. Chase is MUCH BIGGER THAN ENRON EVER WAS, and is often the only game in town when it comes to trading certain things in our markets.

Maybe the Huffington Post doesn’t know it but it’s warning you that Chase is about to go timber and fall down.

Story is HERE.

My advice remains: buy silver. Store it physically. JP Morgan Chase has a HUGE short position on paper silver that it’s desperately trying to naked short on the market because if they have to cover their positions the top gets blown off and silver skyrockets. Also, for those that can afford it, use it to help others when transition times arrive when it comes to the financial market place.