/biz/ - Business & Finance

>>55014120
>Source?
uh comex daily reports?
600K yesterday.
And look at the 10 days average received : 750K, exactly middleground between 500K-1Moz

What does it tells us?
IF JPM were here to maximize their profits like any other non-clowned company, you'd logically think :
>mhmm if they load up at these prices ($24-26), it means they believe it will soon be worth MORE so they can sell it for a profit

Yet, the more they buy, the more it dump. And it started to dump the FIRST day they started to load up, and you know why?
Each oz they buy, they use it as collateral to produce 200-250X this amount of paper silver they immediately sell on the markets, and buy a shitload of shorts in the process, which is how they generate cash.
7.5Moz physical oz bought over the past 10 days = 1.7 BILLIONS paper oz they dumped in just 2 weeks on the markets. We have seen spikes north of 2Moz sold/min last week during the morning tamps.

JPM is 100% responsible for the current crash.