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.
(post is archived)