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As Q says, united we are strong. If we all get together and buy a little SLV as mentioned in a recent Zero Hedge article we could bring this giant to their knees and show that we the people do have strength. Original article https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

As Q says, united we are strong. If we all get together and buy a little SLV as mentioned in a recent Zero Hedge article we could bring this giant to their knees and show that we the people do have strength. Original article https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

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[–] • 1 pt

Silver bug here , JPmorgan is long and has over 300 million ounces in their possession. You won’t hurt JPmorgan but will hurt other banks. People should do their research to know which banks are short

[–] • 0 pt

Hendry is right about JPM...this is not the same as the Gamestop situation. Although I for one am unconcerned about whether some other banks fail, as the price of PMs has been manipulated and held down for far too long. Silver is 40x underpriced.

Make sure you buy physical (PSLV) and not paper (SLV) though.

[–] • 0 pt

The thing is BIS is requiring all banks, to be incompliance with BASIL 3 in the derivative markets by June of this year.. 28th I think is the date. So all silver and gold shorts have to be covered. Who knows if JP Morgan is got enough to cover all their derivatives's, when every gold and silver oz.'s have at least 250 contracts to every oz. of the metals. How do you knon JP Morgan's 300 million oz. is true?