/biz/ - Business & Finance

>>54661642
So you see Dr, the comex is what's supposed to physically back Blackrock's silver ETF "SLV". Until very recently, the physical silver backing SLV was spred in custody among many banking institutions : HSBC, Loomis, BofA, Wells Fargo, etc...

But out of nowhere last month, Blackrock announced now JPM will be the SOLE custodian for all Comex reserves. So all the other banks had to empty their silver vaults and give it all to JPM, who transfered it all in their brand new subterranean Vault B.

You think it's super shady? And probably was done to muddy the water/prepare a rugpull of cosmic proportion? Yeah, me too.
But all this to say that yes, it's JPM, i'm not merely naming them as a scapegoat for everything happening, they literally are the final boss of silver manipulation.