/biz/ - Business & Finance

>>27322924
>>27323027
>Of course no one but JP Morgan knows what percentage of this COMEX silver bullion is owned by it versus its clients, yet the underlying motives as to why the custodian and often physical silver withdrawing entity from the largest silver ETF (SLV) may be going long silver bullion likely lie somewhere between motives of greed, price control, and potential bankruptcy fears.
-https://sdbullion.com/blog/what-is-comex-silver-gold

Sure, SLV maybe be talking out its ass such that it deals with 50,000,000,000 ounces total or whatever. But unless you force physical delivery of 140,000,000 ounces and/or can prove some fraud that the exact silver claimed here isn't actually there, THEN ALL YOU'RE DOING IS BIDDING UP THE VALUE OF JPM'S HOLDINGS.

Whatever, I'm calling it a night. This is going to play out about as well as Trump proving election fraud.