So... This won't help at all. In fact buying silver would counter productive. Jp morgan owns ~50% of the silver market. They are going to be SELLING it to infuse capital into the markets short positions that are lacking capital. Any dollar they get helps bail them out. Driving the price up only helps them. Making silver hold or tank drives a stake through their heart.
So... This won't help at all. In fact buying silver would counter productive. Jp morgan owns ~50% of the silver market. They are going to be SELLING it to infuse capital into the markets short positions that are lacking capital. Any dollar they get helps bail them out. Driving the price up only helps them. Making silver hold or tank drives a stake through their heart.
^THIS
Either JP Morgan started this movement, there's something to it, or someone didn't do their research.
^^^ THIS.
"They are going to be SELLING it to infuse capital into the markets short positions that are lacking capital."
That's the thing, though. They can't sell it all because that would undermine the fiat. Hoarding silver helps the gov hide inflation.
I've got positions long and short, and I plan on selling contracts to speculators so I win anyway. ;)