SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver Bull Resources, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Mustang GT5/28/2015 9:27:47 PM
1 Recommendation

Recommended By
bear 164

   of 5637
 
Ted Butler Commentary
May 28, 2015


IS THIS IT? I can’t know for sure if now is the start of the big move in silver, but it could be. All the conditions are present for the big lift-off. We have a strongly bullish COT market structure. Then we have an 800-pound gorilla sitting smack dab in the middle of the room and beating his chest so that it rattles the windows. Of course, I’m speaking of JPMorgan’s unprecedented and historic accumulation of physical silver.

My premise that JPMorgan has acquired upwards of 350 million ounces of physical silver (including Silver Eagles) over the past 4 years has garnered some recent attention. I’ve been writing about JPMorgan and silver for a long time and, quite frankly, I am somewhat surprised the story hasn’t been picked up sooner. I must say, it is hard for me to envision conditions better than those in place currently for silver to suddenly rip higher.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext