Silver Stackers Union

[Omar8]

Sounds interesting...



"Like -$40 a barrel oil? Ted Butler and Bix Weir say Warren Buffet recently purchased ONE BILLION OUNCES of physical silver. Of course, not many details are available. This silver is visible in the books. The receiver is not.

There have been rumors and speculation for years that JP Morgan has been buying physical silver for clients, one of which is China. How do you service such a contract? First, recognize it is a contract. I did my grad skool dissertation on a similar topic. Let's say Joe gets a contract going for 1000 ounces of silver for $19.50 an ounce. JPM then accumulates silver for 19.50 or less until the 1000 ounces are secured. What if prices are greater than 19.50? You get the idea. Manipulation.



One billion ounces ? So looking at what $20 billion for that or more ? Thats pretty serious if true.