JP Morgan is currently sitting on 750 Million ounces of silver. According to this video they are poised to make a killing on the increase in silver value. 62.5 % of the silver asset is in their hands. $$$$$.
China will restrict supply of silver on Jan 1st. As of that date, the industry that uses silver (Tesla, tech…) will be desperate to buy allowing JP Morgan to decide on what the price will be. Side note —we who own silver can ride this wave too. He says don’t sell UNLESS you are trading for a real asset. Like paying off your mortgage, buying land BUT NOT to put dollars in your bank account because dollars can be printed and he says will be to keep up with the price of silver and it’s demand.
My thought is will President Trump allow this or will he negotiate with China to reopen their supply?
JP Morgan is currently sitting on 750 Million ounces of silver. According to this video they are poised to make a killing on the increase in silver value. 62.5 % of the silver asset is in their hands. $$$$$.
China will restrict supply of silver on Jan 1st. As of that date, the industry that uses silver (Tesla, tech…) will be desperate to buy allowing JP Morgan to decide on what the price will be. Side note —we who own silver can ride this wave too. He says don’t sell UNLESS you are trading for a real asset. Like paying off your mortgage, buying land BUT NOT to put dollars in your bank account because dollars can be printed and he says will be to keep up with the price of silver and it’s demand.
My thought is will President Trump allow this or will he negotiate with China to reopen their supply?
That's right.