Can someone explain how this is even legal?

JP Morgan has quietly accumulated what appears to be over 600 million ounces of physical silver, mostly through COMEX vaults and opaque storage agreements. That’s more than half the world’s known above-ground supply outside of industrial use.

This isn’t just a hedge. This is domination.
They short the paper market while hoarding the physical. They manipulate price down to buy low, then suppress volatility to keep competitors out.

Meanwhile:

SLV is empty calories

Retail can’t access real bullion without massive premiums

Miners are pressured by price signals that don’t reflect scarcity


If any other entity held this much of a strategic industrial metal, there would be outrage. Why does JPM get a pass?

What’s their endgame? Is it control of price? Collateralisation for a future system? Or just hoarding for the collapse?

>>60557454 (OP)
delete this right now.

>>60557454 (OP)
>Collateralisation for a future system?
Maybe

>>60557454 (OP)
The short answer is Bear Stearns and BofA

>>60557454 (OP)
>Can someone explain how this is even legal?
they purchased it? retard

>>60557469
why is sir gay in a suit?

>>60557480
It's almost time

>>60557454 (OP)
I've read several books on gold, silver and the history of money and it is the single most important thing on the planet. The elite hoard gold in vaults so they can extend credit in lieu of money so they can steal the world's wealth through interest.

>>60557454 (OP)
>Why does JPM get a pass?
They back SLV with their physical. they're also a US treasury dealer. they kinda run shit either for the US gov or just because they can
>lol, its more likely they run the gov
not sure what the end is. the world has nearly blown up 3x in the last 5 years (2019 repo, the coof and Trumps tarrifs) and silver is losing its ass to gold. long term its strategic for sure. there's only so many old spoons that can be melted down

>>60557470
this anon knows about 2008 i bet

>>60557470
BofA deez nuts

>they are manipulating the market so the can buy cheapies
There's for sure manipulation going on, but I doubt its so they can buy silver at cheaper prices. It wouldn't make sense for an entity such as jp morgan to try and pinch pennies lol

>>60557454 (OP)
>Why does JPM get a pass?
because they are a quasi government entity that is doing exactly what the powers that be want them to do
and it will stay like that, if JP morgan stopped they would simply off the people in charge of the metals suppression operation
also >>60557457 the goyim shall not know

>>60557478
> the hunt brothers buy this much silver
> the US military literally comes and takes it
lol, retard

>>60557489
chainlink, unironically, i believe this.
1 billion LINK
1 billion oz of silver mined annually
gold is a meme, silver is needed AND monetary in nature

>>60557624
>there's only so many old spoons that can be melted down
youre correct, but we also have no idea how much silver is secretly vaulted, and how much of it they are willing to drip out in the form of TV screens, phones, and other gadgets to keep the population controlled

>>60557639
i found another retard
its not about JP morgan
these banks are just private government actors

>>60557754
>these banks are just private government actors
That only backs up what I'm saying against the retarded theory that "they want to suppress the price so they can buy cheap silver". How retarded do you have to be to not understand that?

>>60557454 (OP)
Why does this post sound like AI?

>>60557803
Because it is. This whole gay ass website is just shills shilling to other shills.

>>60557454 (OP)

The Talmud commands jews that this world is theirs, stolen by the goyim. Above all else they covet Gold and Silver.

Given their nearly total control of the worlds banking is it any surprise they have used that power to amass as much of the worlds gold and silver as they can? Evil Scrooge mcduck style.

>>60557454 (OP)
Boomer gonna boom

do they own actual silver or a bunch of paper?

>>60558289
They could be taking delivery. They'd be dumb not to.

>>60557877
Somone explain this to me in more detail?

>>60558290
my understanding is that all that stuff is bs
that there isn't the silver to match all the paper silver

>>60557469
>JP Morgan is hoarding silver
>This is bullish for ChainLink

lol this is too funny

>>60557454 (OP)
you mean bags of rocks?

>>60558293
We spent all the gold & silver that Europe got from their colonies on bombing Europe and their former colonies so now were broke

>>60558293
>>60557877
Holy shit i just realized this isn't just plausible it probably happened.
The Nazis under Schacht transitioned from the hyperinflated Weimar Marks to Reischmarks, and they coined silver... They might have been playing an arbitrage game with the USA to acquire silver dollars which they would melt down to create more reichsmarks, netting a profit..

Both Mint's at the time used 90% silver 10% copper alloys.

They are the same coins.

>>60557877
who the fuck looks at these paint all over the place collages and understands anything

>>60557454 (OP)
hold, or own?
the bank holds your money, doesn't mean they own it.

don't know what the reason is, but i assume it'll either be holding for others, or for purposes of etfs.

if you sell paper commodity, you need to hedge by actually owning said commodity.
even though the paper is worthless, and you can't actually get silver from it, the entity running the etf scheme is obligated to manipulate the paper markets to match commodity prices to within permitted margins. they do this by buying back or issuing new paper commodity, and then buy or sell the actual physical commodity as hedge.
they will then earn money from arbitrage (buying undervalued paper and selling market value commodity, or selling overvalued paper and buying market value commodity) and from charging for the privilege of owning paper.

saying that, during covid, when us oil dropped to negative, uso etf was allowed to decouple from the commodity by the regulator for a few months. which kind of proves that the paper commodity isn't worth one asswipe of shit, so maybe only use for low volume quick trades.

>>60559535
people with above room temperature IQ.
read it again, and end the fed.

investment bankers are smarter than the general public?

real money is gold and silver. fake money is computer numbers.

>>60559546
Based

>Why Does JP Morgan Hold Over 50% of the World’s Silver?
>What’s their endgame? Is it control of price? Collateralisation for a future system? Or just hoarding for the collapse?
Sometimes, banks set aside their profit seeking activities and do things just for fun. It was just a joke bro. JP Morgan wanted to become the king of the silver stacktards,,,,and lose a bunch of money by not investing in bitcoin lmao

>>60561085
Investment banker management are some of the most in-the-know people on the planet. Given their seemingly unlimited access to capital, they are also extremely powerful in following their interests.
One of the largest industries on the planet is insurance, and it is run by an industry of C-average students who work in the day to day operations. Most banking is very similar. You have functionaries and careerists who exist to maintain its intended function, but the overrall direction of the company serves its Rothschild driven machinations.
Lloyd Blankfein started his career on a precious metals trading desk for a large investment bank, and that should not surprise anyone. Jamie Dimon worked for a consulting group notorious for sabotaging companies for the benefit for short-sellers, Boston Consulting Group. I think the management of metals pricing is not a role suited to the day-to-day plebs, but only the most in-the-know. I also think dissolving and reabsorbing credit is a FUNCTIONAL necessity of the financial system, and although illegal, they are needed to maintain solvency for a system that is now perpetually over-leveraged. (Just look at GME)
They do not operate out in the open because what they are doing is a grift to benefit private interests. But I am not so sure it is just a racket, but necessary function of the system. We're not supposed to know it exists because of the parasitic nature of the system betrays the "freedom" narrative often touted as propaganda. (muh freedom only exists to give a blank check to usurers and pornographers)

>>60557454 (OP)
Source? If the storage agreements are opaque, how do you know about them? Why does it "appear" to be over 600 million ounces? Why do you not know the exact number? Where are you getting this number from?