Friday , 19 April 2024

JP Morgan Is Stockpiling HUGE Amounts of Physical Silver – Why? (+3K Views)

Why in the world has JP Morgan accumulated more than 50 million troy ounces of physical silver since early 2012, adding more than 8 million troy ounces during the past couple of weeks alone? Why are they doing this? What do they know that the rest of us do not? Could it possibly be that they are anticipating another great economic crisis? We are definitely due for one! Here’s what I think is going on behind the scenes. 

UPDATE: JP Morgan Loses 45% Of Registered Gold Stock In One Day

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One comment

  1. Two ideas about the silver accumulation of JP Morgan Chase:

    1. It may be used for price suppression at higher levels. That’s exactly what happened with a much larger silver hoard—that of the U.S. Treasury—as a consequence of the Silver Purchase Act of 1934 and Franklin Roosevelt’s “Pilgrimized” executive order 6814, causing Americans to forfeit 113 MOZ silver bullion at 50.01 cents the ounce.

    2. Read more at http://srsroccoreport.com/silver-squelchers-series-update/silver-squelchers-series-update/