Loading ...I looked back at an article that was posted on SD Bullion’s web site back in 2022. In the article, it claimed
that 4 banks (JPM, CitiBank, Bank of America, and Goldman Sachs) were counterparty to 97% of all US derivative bets
involving Silver, Palladium, Platinum and Gold prices.
And ZH posts another article (again, for Premium subscribers) where the headline simply says “Goldman Sachs warns
all hell about to break loose in repo.”
One of the 4 dominant banks is claiming that hell is about to break loose in the repo market?
We all know that Goldman, over the years, has been notorious for frontrunning markets, posting articles that support their position, and then dumping their longs into unsuspecting bag holders….
In this case, I’m not so sure……..