/biz/ - Business & Finance

Anonymous Sat Mar 25 04:42:07 2023 No.54315514 [View]
File: 301 KB, 1448x935, jpm slv.jpg [View same] [iqdb] [saucenao] [google]

Something big is brewing behind the curtains frens. For the first time, JPM is now the sole custodian of SLV bars, supposed to back SLV shares, the blackrock's silver ETF you all know about, needed to take deliveries of comex and LBMA bars.
It's spread among the 3 big vaults owned by JPM, and the depletion from others banks' vaults coincide with the opening of the 2nd JPM's London vault (a huge one apparently).

Back in 2021, JPM "only" held 28% of SLV bars. Now it's 100%. That's beyond shady.

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