With all the bullshit propaganda, manipulation, and stupid speculators that keep feeding the machine with their idiot gambling in the derivatives (because they will make more – what a joke – most go broke) to chew through, the one thing that’s different this time is the physical is gone.
Oh but JPM has 850 million ounces of silver and will flood the market.
Ya, well why are the primary dealers being told supply restrictions are now in place?
Answer: Because the propaganda is all bullshit.
JPM’s stash is like GLD/SLV’s third party derivatives.
It’s bullshit.
Cheers