JPM Down to 1Tonne of Physical Gold..

Clawhammer, Im strongly leaning towards zero physical silver for JPM given their alleged massive short position. They have made that much cash with their ETF manipulation perhaps they (Blyth Masters) envisaged not requiring physical as they could always settle in fiat as no one wanted delivery. I would think that they couldn't be that idiotic yet maybe their arrogance may outweigh their intelligence. There is starting to be a movement where customers are demanding delivery (reuters latest article cbf linking), maybe they thought they could always settle silver if demanded by buying on the market but they may be seriously underestimating physical supply atm.

Anyhow just my thought.
 
I think, but could be wrong Jester was being sarcastic with the word ONLY. 1 ton to most people is alot of gold. lol Thats how i took it anyway. :)
 
klacey said:
I think, but could be wrong Jester was being sarcastic with the word ONLY. 1 ton to most people is alot of gold. lol Thats how i took it anyway. :)
Click to expand...

winner winner chicken dinner :)
 
Theres probably close to a tonne held by members on this forum remember that guy posting all those massive gold purchases a while back? What happened to him?
 
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