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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
by 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 agoLongs don't have to deliver but take delivery so that adds more to the confusion.
- stevenhuang 10mo agoThey hold physical silver in vaults, not futures contracts I believe.