Posts

Holy Hell Silver, $JPM owns $22,000,000,000 worth of physical silver $SLV

avatar of @heyimsnuffles
25
Heyimsnuffles
@heyimsnuffles
·
·
0 views
·
1 min read

WOW! What a move.

This move is one of those that you will rarely see, but if you are prepared (I wasn't) and do not get shaken out then you can make a hell of alot of moolah. 

Silver has been smashed down consistently over the past 5-6 years as JPM Morgan was buying physical silver and shorting paper silver. They now are no longer short paper silver anymore. In fact they own over 1 billion ounces of silver.  https://gsiexchange.com/with-jpmorgan-back-in-the-mix-the-hammer-is-now-about-to-fall/ 

Think about that number lol. They currently own over 22 billions dollars worth of silver. And plan on buying more. 

JPMorgan believes this is going higher from here. I do as well. Silver should have mimicked gold much more and should be trading in the $30s in my opinion. What are your thoughts?

Posted Using LeoFinance