JPMorgan is one of the largest holders of physical silver. Don't help them by buying.
https://news.goldcore.com/ie/gold-blog/silver-prices-physical-silver
JPMorgan is one of the largest holders of physical silver. Don't help them by buying.
https://news.goldcore.com/ie/gold-blog/silver-prices-physical-silver
Stackers have approx 1.5b oz, JPM has about 113m.
In this scenario JPM is the short stack.
Stackers have approx 1.5b oz, JPM has about 113m.
In this scenario JPM is the short stack.
Meh.
- They play both sides of the market. They have heavy silver shorts as well.
- Even without shorts, this represents <1% of AUM. You won't help them and you won't hurt them.
- To that end, hopefully this gives some scale to the small nature of the silver market: JPM is a hug holder of silver, but it's a rounding error on their balance sheet.
Bottom line:
- You've got to do whats good for you.
- USD will continue to be devalued so I continue to invest in an anti-dollar portfolio.
Meh.
- They play both sides of the market. They have heavy silver shorts as well.
- Even without shorts, this represents <1% of AUM. You won't help them and you won't hurt them.
- To that end, hopefully this gives some scale to the small nature of the silver market: JPM is a hug holder of silver, but it's a rounding error on their balance sheet.
Bottom line:
- You've got to do whats good for you.
- USD will continue to be devalued so I continue to invest in an anti-dollar portfolio.
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