Cliff Küle's Notes:

Cliff Küle's Notes Your daily CONSOLIDATOR of the most insightful WEB presentations on the subject of MONEY .. The Ultimate Confidence Game .. How our Monetary System works for the benefit of some .. at the expense of others.

(Untitled) Jul 28th 2013, 01:18, by noreply@blogger.com (Cliff Küle) JP Morgan to Explore  Strategic Alternatives for its  Physical Commodities Business JP Morgan Chase & Co is planning to exit physical commodity trading as Wall Street comes under increasing political & regulatory scrutiny .. "The firm will explore 'a sale, spinoff or strategic partnership' for its physical arm, the statement said. It said the bank remained 'fully committed' to its traditional financial commodity business, including trading derivatives and its activities in precious metals." .. Zero Hedge (ZH) comments by presenting the following chart: ZH: "That said, we are confident that the collapse in represented (but not warranted) JPM Comex gold vault holdings to a record low, and this news is completely unrelated." LINK HERE to the article LINK HERE to the ZH commentary

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