2 ms·

Where is the source for the claim that JPMorgan has to deliver silver it doesn't have?

• stevenhuang 10mo ago
  Apparently JP Morgan is long silver and they've been accumulating massive quantities of physical silver over the years. Haven't confirmed myself but supposedly this is public now.
  • hrimfaxi 10mo ago
    Longs don't have to deliver but take delivery so that adds more to the confusion.
    • stevenhuang 10mo ago
      They hold physical silver in vaults, not futures contracts I believe.