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/biz/ - Business & Finance

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27409990 No.27409990 [Reply] [Original]

JPM HAD a LARGE silver short from during the 0-11 era when they took all of Bear Stern's old postion. During 2011 Max Kieser and the silver horde squeezed Silver and JPM lost alot of money for a few months.

They are currently LONG silver. They have massive PHYSICAL quantities of Silver. They might not have as much as they say they do but they still are a huge holder of it.

>> No.27410405

>>27409990
Look the reality is that at this stage of Western capitalism some rich Jew owns a piece of everything.

>> No.27410465

Yes, but don't they owe silver to anyone who has $SLV? Isn't that the short?

>> No.27410583

>>27410465
no, they dont. you're thinking of $PSLV

>> No.27410768

>>27410583
What the fuck do you own with $SLV then
>Inb4 paper lel
Yeah no, what are they selling in form of paper/electronic shares

>> No.27411508

>>27409990
>They might not have as much as they say they do but they still are a huge holder of it.
That's the critical point. Pay attention. As demand for physical goes up their stockpile will be drained - and they can never get it back. Once they can no longer deliver they're fucked and the whole charade is up.