Watch: Trump arrives at New Years party. Melania in Silver!!
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So they paid the DOJ $900 million for manipulating the market and still had enough to cover their margins and buy 750 million Oz. ALL in a few months. Something smells rotten in Denmark
They’ve been buying it up since 2008. The announcement by China that they were going to stop silver export come January 2026 is why they’re letting silver prices go up now. It’s good for anyone holding silver, but the manufacturers are screwed. It will probably eventually reach $300 an ounce. Remember $900 million is a slap on the wrist when you’re looking at a $54 billion return.
So the fed made a huge cash infusion to allow the banks that were shorting silver loaned out by jpm to cover. To big to fail eh?