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How much actual bullion are they holding tho and is it theirs ??
That's the question. I'm sure the answer is like anyone else, tho. The amount is always changing. This is just from a bland search, including this answer, cuz has date:
"JP Morgan now holds 133.1 million ounces of physical silver and the world record for most silver held under one name. Today, it also owns 50% of the world’s COMEX silver bullion.Jun 4, 2019”
Has any been sold, has more been added? Idk. Thinking we'd have to work there and be high enough in the food chain to get the real answer. Just like a lot of people think that Fort Knox's vaults are empty, either way, we'd have to be there to see for ourselves
Oik, cheers. So two things here - they 'hold' 133.1 million ounces and 'own' 50% of comex bullion - how much silver bullion does comex amount to ? comex bullion (zerohedge.com) - i wonder how they keep getting away with the same sleight of hand bull fckery everywhere .
With more bullion being added each year, some of that (approx 10%) being recycled, it's really difficult to tell. Have used JM Bullion's site for some research in the past. I think I found the info in the "live charts" part of the site. (This is where I was looking for research stuff across multiple sites. JMB just stands out in my memory as being more helpful than others in the vein of extra info, but there's plenty of online bullion info/charts/etc to be had. And there's plenty of different opinions on bullion direction, up, down, buy, sell. So use caution, grain of salt.) Types on fly, please forgive typos.
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