Silver as an investment

Despite Its Five Felony Counts, the Federal Reserve Has Entrusted $2 Trillion in Bonds to JPMorgan Chase

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Despite Its Five Felony Counts, the Federal Reserve Has Entrusted $2 Trillion in Bonds to JPMorgan Chase

By Pam Martens and Russ Martens: October 30, 2020 ~ Imagine that your neighbor across the street had been criminally charged with five felony counts for financial crimes in the past six years and admitted to committing each and every crime to the U.S. Department of Justice. Would you put one-third of all of your money in a safe, give that neighbor the combination, and ask him to hold the safe in his house for you? You would probably be suited up for a straight jacket if you did something like that. That’s effectively what the Federal Reserve, the central bank of the United States, has done when it comes to JPMorgan Chase. As of this past Wednesday, the Fed has a $7 trillion balance sheet and $2 trillion of its agency Mortgage-Backed Securities are sitting at JPMorgan Chase, the bank that the Department of Justice has charged with five … Continue reading