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Old 07-21-2013, 05:17 AM   #1
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Massive fire reported in JPM vault

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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!
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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?
http://www.silverdoctors.com/breakin...force-majeure/

There is video footage on the silverdoctors site.
I think this is the link - http://www.ustream.tv/recorded/36128807
I watched some of it and there are at least 7 fire trucks at the scene.

Quote :
*Update 2: While firefighters on scene stated fire was in the basement of JPM, FDNY confirms via twitter that the fire is in the VAULT at JPMorgan’s former HQ at 15 Broad St!!!
http://beforeitsnews.com/economy/201...e-2539096.html

Last edited by Unbeatable; 07-21-2013 at 05:21 AM.
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Old 07-21-2013, 11:35 AM   #2
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Zerohedge have covered the story too now...

http://www.zerohedge.com/news/2013-0...ans-gold-vault

They have concluded the fire was in a building once owned by JPM but is now a residential development.

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JPM has long since moved on from its landmark location just across from the NYSE, and now can be located at its Park Avenue headquarters (with its Bear Stearns annex), and of course, at 1 Chase Manhattan Plaza.
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Could there be a vault in the Downtown residential building, and could the FDNY have been responding to a fire in such a "commercial vault"? Of course: as anyone who has ventured into the skyscraper forest of New York's Financial District knows, there is an underground vault in virtually every building.

However, was this the JPMorgan gold vault? Certainly not.
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Old 07-21-2013, 12:13 PM   #3
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Bahahahahahahahaha!!!!

Sometimes, it is just to good to be true! This is so far beyond hilarious as to be absurdly perfect. The timing, the location, the "victim"........it's all just too good to be true! Jamie Dimon is sitting at home on his Corinthian leather sofa watching it all unfold on his personal 250" Megatron flat screen TV, while getting his daily foot massage from his 18 year old Vietnamese servant.
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