They could take both sides of the trade, in order to purposely suppress the price. That’s exactly what they would do.
And they would lend millions of ounces of their physical SILVER to large banks to short the price and keep it low.
That all changed, when Trump’s allies started buying SILVER for their reserves along with Gold.
Russia, China, Saudi Arabia and India, started purchasing large amounts of physical SILVER.
Their purchasing power is far greater than the banks on Wall Street.
These countries are buying regardless of price. They are stockpiling SILVER and even JPM cannot stop the price from rising.
JPM just cut bait.
They cut the legs out from under the Wall Street banks that borrowed SILVER from them to short.
That’s where JPM is getting the huge amount of “cash.”
They leased their SILVER to Wall Street banks, so they could short SILVER at a much lower price and now those same banks are being FORCED to “buy back” the SILVER they borrowed at much higher prices, resulting in huge losses.
That likely explains the FED sudden massive debt purchasing and huge injections of cash in the banks REPO market.
JPM threw those other banks overboard and is more worried about saving themselves.
More evidence that a banking crisis is right around the corner.
SILVER short squeeze in progress.
But this story isn’t what the narrative suggests.
JPM is one of the most corrupt cabal banks on the planet.
But they were ALREADY CAPTURED in Trump’s first term.
They were FORCED to pay almost a billion dollars in fines for manipulating the precious metals prices in Trump’s first term.
They were also DIRECTLY CONNECTED to the Epstein money laundering pedophile operation.
JPM will now do what Trump wants and when he wants them to do it.
Trump is now directing JPM to go long SILVER and drive the price higher.
The remaining banks shorting SILVER are being led to the slaughter and JPM’s massive physical SILVER supply is going to eventually end up in the U.S. Treasury, which is why that little “narrative seeding” of the Treasury being short of supply was important SIGNAL.
Trump made SILVER a national security commodity and SILVER is going to make a huge comeback in coinage.
Our coins are going to once again be made of real SILVER as the Constitution demands.
I had read they moved to long,but didn't hear it was that much.
This looks like a lot of bullshit, they must be long in futures contracts not metal.
Really good take on that from Joe Lange here.
https://x.com/joelang51440671/status/1999184555454959953?s=46&t=EOsj1YQq1bAADGxBbJPUdg
JoeLange @JoeLang51440671 JPM was the biggest SILVER manipulator on the planet.
But they hold the most physical SILVER.
They could take both sides of the trade, in order to purposely suppress the price. That’s exactly what they would do. And they would lend millions of ounces of their physical SILVER to large banks to short the price and keep it low.
That all changed, when Trump’s allies started buying SILVER for their reserves along with Gold.
Russia, China, Saudi Arabia and India, started purchasing large amounts of physical SILVER. Their purchasing power is far greater than the banks on Wall Street.
These countries are buying regardless of price. They are stockpiling SILVER and even JPM cannot stop the price from rising.
JPM just cut bait.
They cut the legs out from under the Wall Street banks that borrowed SILVER from them to short.
That’s where JPM is getting the huge amount of “cash.” They leased their SILVER to Wall Street banks, so they could short SILVER at a much lower price and now those same banks are being FORCED to “buy back” the SILVER they borrowed at much higher prices, resulting in huge losses. That likely explains the FED sudden massive debt purchasing and huge injections of cash in the banks REPO market.
JPM threw those other banks overboard and is more worried about saving themselves.
More evidence that a banking crisis is right around the corner.
SILVER short squeeze in progress.
But this story isn’t what the narrative suggests.
JPM is one of the most corrupt cabal banks on the planet.
But they were ALREADY CAPTURED in Trump’s first term.
They were FORCED to pay almost a billion dollars in fines for manipulating the precious metals prices in Trump’s first term. They were also DIRECTLY CONNECTED to the Epstein money laundering pedophile operation. JPM will now do what Trump wants and when he wants them to do it.
Trump is now directing JPM to go long SILVER and drive the price higher. The remaining banks shorting SILVER are being led to the slaughter and JPM’s massive physical SILVER supply is going to eventually end up in the U.S. Treasury, which is why that little “narrative seeding” of the Treasury being short of supply was important SIGNAL.
Trump made SILVER a national security commodity and SILVER is going to make a huge comeback in coinage. Our coins are going to once again be made of real SILVER as the Constitution demands.
So much happening so quickly.
Good one.