JP Morgan holds a massive, but fluctuating, stockpile of physical silver, with reports from late 2023/early 2024 citing figures over 133 million ounces, and some estimates even reaching hundreds of millions of ounces, making them the largest holder, used for trading and investment, though exact, real-time amounts are proprietary.
Key Details:
Huge Holdings: JP Morgan has built one of the world's largest physical silver hoards, with various sources mentioning over 133 million ounces in late 2023.
Market Influence: Their large holdings give them significant influence over global silver markets, allowing them to participate heavily in both physical and paper silver trading.
Strategic Hoarding: The accumulation of silver by JP Morgan has been a topic of significant speculation, with some analysts suggesting they are positioning to benefit from potential price increases, similar to past market events.
Why the Numbers Vary:
Proprietary Data: As a private financial institution, JP Morgan doesn't release precise, real-time figures for its silver reserves.
Market Activity: Their holdings change as they buy and sell, making reports based on different dates show different totals, say National Gold Consultants.
Among private entities, JP Morgan Chase stands out as one of the largest holders of physical silver. The bank’s accumulation of silver has been a topic of much speculation and interest in the financial world. Over the years, JP Morgan has built a substantial silver hoard, estimated to be in the hundreds of millions of ounces. This stockpile serves various purposes, including investment and trading activities.
I've seen this info for awhile now. I can see them buying back their shorts. I don't see them stacking 750 million ounces. In this time frame. JP Morgan is the custodian of SLV and they have the registered silver. No one knows who owns the registered silver, Itcould be buys for US industry.
It not just the short long position on silver,it's the derivatives and swaps they are side bets, so to speak.
u/queue-anon u/propertyOfUniverse u/pbman2
Ding ding!
This is really just.. I can’t even.
CAN SOMEONE FIND AN <ACTUAL> TO SHOW THAT CHASE ACTUALLY FLIPPED?
Absolutely amazeballs twist ending if true.
Pretty sure Mayo boy flipped. He was seen in the oval office one of the days they had an announcement.
JPM? Most likely controlled by WHs.
No doubt the mayo jar is upside down now.
kek. Also it's been proven through a series of mathematically impossible coincidences that the WHs can control the price of GME.
I was just talking to someone about this.
He was wondering whether this is a cover for a white hat action.
Does Trump have his own strategic reserve of silver?
Exactly. Also, more than cover, did it actually even happen? First things first.
Trying to find some of this stuff as an amateur is irritating. Anyone wanna go in on buying a Bloomberg terminal?
Oh yeah, cover could be narrative cover.
J.P. Matryoshka Chase Stearns
Via Google AI twat:
JP Morgan holds a massive, but fluctuating, stockpile of physical silver, with reports from late 2023/early 2024 citing figures over 133 million ounces, and some estimates even reaching hundreds of millions of ounces, making them the largest holder, used for trading and investment, though exact, real-time amounts are proprietary.
Key Details:
Huge Holdings: JP Morgan has built one of the world's largest physical silver hoards, with various sources mentioning over 133 million ounces in late 2023. Market Influence: Their large holdings give them significant influence over global silver markets, allowing them to participate heavily in both physical and paper silver trading.
Strategic Hoarding: The accumulation of silver by JP Morgan has been a topic of significant speculation, with some analysts suggesting they are positioning to benefit from potential price increases, similar to past market events.
Why the Numbers Vary:
Proprietary Data: As a private financial institution, JP Morgan doesn't release precise, real-time figures for its silver reserves. Market Activity: Their holdings change as they buy and sell, making reports based on different dates show different totals, say National Gold Consultants.
RE: https://www.nationalgoldconsultants.com/articles/jp-morgan-is-long-on-silver
https://firstnationalbullion.com/silver-giants-exploring-the-biggest-hoards-of-the-precious-metal
I've seen this info for awhile now. I can see them buying back their shorts. I don't see them stacking 750 million ounces. In this time frame. JP Morgan is the custodian of SLV and they have the registered silver. No one knows who owns the registered silver, Itcould be buys for US industry.
It not just the short long position on silver,it's the derivatives and swaps they are side bets, so to speak.
We can't verify any of this.
Meh. I guess it comes down to having faith, eh?
I haven’t found anywhere to verify it, either.
I would not bet on it,but it's possible.