Having increased its silver stockpiles by approximately 19 million ounces in the past 3 months, JP Morgan is becoming a hoarder of silver. As the author of today’s article notes, “While hedge fund traders are short futures and options position according to the latest commitment of trader’s report, JP Morgan is increasing its inventory, betting that prices will eventually surge higher.” Why is the firm anticipating a surge in silver prices? CLICK HERE.
Why JP Morgan Expects A Price Surge For – And Is Hoarding – Silver
- by Bob Mitchell