Commodity Trade Mantra

Posts Tagged ‘Comex Silver Stocks’

Having Manipulated & Acquiring Silver Cheap, will JPM Allow Silver Prices to Rise?

After starting from ZERO in 2011, JPMorgan now holds/controls nearly 53% of all silver backing the Comex silver paper derivative exchange. Has JPM conspired to keep silver prices low for years so that they could acquire metal as inexpensively as possible? Maybe. And, now that they appear to be “done”, might silver prices finally be allowed to rise? Again, maybe.

A New Player In The Silver Market Pushes JP Morgan Aside

The days of JP Morgan controlling the silver market may be numbered as a new player in the silver market has arrived. For several years, JP Morgan held the most silver on a public exchange in the world. JPM increased silver inventories from 4 Moz in Apr 2011 to 69.4 Moz Apr 19, 2016. Shanghai Futures Exchange silver inventories surged from 7.5 Moz in Aug 2015 to 54.7 Moz on Apr 19, 2016.

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