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Re: Tool_power post# 402362

Monday, 03/26/2018 1:45:42 PM

Monday, March 26, 2018 1:45:42 PM

Post# of 648691
On top of that, they bought physical silver for first time in quantity:

https://www.silverdoctors.com/silver/silver-news/silver-investing-fundamentals-2018/

SILVER is 10x better than gold...watch the amazing run coming soon!!

Perhaps the single biggest advantage that JPMorgan has had in its epic accumulation of 700 million oz of physical silver over the past seven years is that it had the game to itself with no competition. On average, JPMorgan has acquired physical silver, through various means, on the order of 8 million oz per month over the past 84 months. Goldman Sachs just picked up 12 million oz in the COMEX March delivery period (plus 2.5 million in December), which according to my speculation messed up JPMorgan’s exclusive silver buying status and caused JPM to back down and liquidate futures contracts on which it planned to take delivery in order to make room for Goldman Sachs.

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