Again we get so much bs information in this article. JPM covered their short silver position to the tune of 1b Oz back in March. They are now LONG this amount.
But there does remain huge short interest by the 8 other major bullion banks
Thanks for correcting those who really are clueless. Ted Butler has kept us up to date on JP Morgan and the silver short positions for years. I know Fully is being facitious, but Silver was doing this before any Robinhooders came along. Do we welcome them getting on board, absolutely, but let’s not fall into the trap of thinking this is why silver is exploding. It was going to happen anyway. They may accelerate it and carry it further and faster and may even get the credit(blame) but us stackers have been waiting 50 years for what is coming.
Again we get so much bs information in this article. JPM covered their short silver position to the tune of 1b Oz back in March. They are now LONG this amount.
But there does remain huge short interest by the 8 other major bullion banks
Thanks for correcting those who really are clueless. Ted Butler has kept us up to date on JP Morgan and the silver short positions for years. I know Fully is being facitious, but Silver was doing this before any Robinhooders came along. Do we welcome them getting on board, absolutely, but let’s not fall into the trap of thinking this is why silver is exploding. It was going to happen anyway. They may accelerate it and carry it further and faster and may even get the credit(blame) but us stackers have been waiting 50 years for what is coming.