>>24039443. LB
For those of you who do not know,JP Morgan (JPM) is holding the world’s largest stockpile of physical silver, having amassed over 750 million physical ounces.Over the last six weeks alone, JPM has accumulated more than 21 million ounces.This brings a few questions to mind: How was JPM able to accumulate that much physical silver in such a short period of time? What funds did JPM use? And why would JPM do this?From June to October 1, JPM sold off its 200-million-ounce paper short position, freeing up funds for physical ounces and leaving the financial institution with zero short contracts.This is the first time in history that JPM has been long in both physical and paper silver.
https://www.nationalgoldconsultants.com/articles/jp-morgan-is-long-on-silver