UPDATE: FDNY tweet confirms fire is in a commercial vault!
A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of JP Morgan’s headquarters at 1 Chase Manhattan Plaza, with fire-fighters stating they are responding to a COMMERCIAL VAULT FIRE IN THE BASEMENT!With JPM’s gold inventory plunging 66% Friday to an all-time low of 46,000 ounces, and with reportedly over 502,000 ounces still standing against JPM for the JUNE gold contract, is the long anticipated force-majeure event in progress?
Next we will learn that similar to the 747 which vaporised on impact with the Pentagon on 9/11, the gold in JPM’s basement has similarly evaporated into thin air – despite JPM’s gold inventory plunging 66% two days previously, to an all-time low of 46,000 ounces.
From zerohedge on 19th July:
JPM Eligible Gold Plummets By 66% In One Day To Just Over 1 Tonne, Total Gold At Fresh All Time Low
WATCH THIS ONE CAREFULLY – the PAPER GOLD & SILVER MARKETS ARE DYING.