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jt6455

07/11/16 7:00 AM

#28802 RE: ListenToMe #28798

SLV and GLD being the culprits to corner both markets.
HSBC - Custodian GLD (Chinese)
JPM - Custodian SLV (American)

How many "portfolio guys" put there clients in one of these securities to give them exposure to precious metals? JPM used SLV to acquire a cool half million oz of silver in 5 years.