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Monday, February 01, 2021 2:14:12 PM
JP Morgan has the biggest horde.
The price is dictated by SLV. SLV can be paid out in FRN's. The paper market has been fractional reserved into oblivion. There is no way they have physical to cover all the paper. No way in hell.
But they don't have to due to the SLV market. They have unlimited digits.
Spot price is dictated by SLV, And the miners are contracted. Believe me, the miners are as involved in this as the banks are.
NEVER TRUST A METAL SALESMAN!!!
Take a look at who own Barrick. Bush family interests?
Remember there, there is physical supply to the people that need it. To the banks and retailers. NOT to bullion supply chains. Not to us people. We don't matter. There will be a trickle affect to the bullion distributors.
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 06:19:53 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM