Jp is custodian for SLV physical. Soooo......
So what? Good luck getting your phys when slv can pay you in fiat if it damn well pleases.
If you really think Jpm is going to give its silver to a bunch of plebs in the event of a crash...well just keep purchasing paper then. Good luck.
I'm analyzing flaws in the theory. And yes you're right.
That's why you can't just buy up all the coins. You've got to have a rich billionaire buy up physical contracts and take delivery, empty the JPM vaults have you.
But whatever.
I don’t get why you think JP Morgan or slv has to deliver. They don’t. Read the rules. No one is going to empty jP Morgan’s vaults.
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