JP Morgan Cornering Silver Bullion Market?
By: GoldCore
SilverSeek.com
Friday, May 1st
– Why is JP Morgan accumulating the biggest stockpile of physical silver in history?
– Legendary silver analyst Ted Butler believes JP Morgan are in a position to corner silver market
– JP Morgan may be holding as much as 350 million ounces of physical silver
– JP Morgan realises the value of owning physical silver bullion today
– Silver at $16 today – Set to soar to over $50 again
JPMorgan Chase, the largest U.S. bank, one the largest providers of financial services in the world and one of the most powerful banks in the world has accumulated one of the largest stockpiles of silver the world has ever seen.
The total JP Morgan silver stockpile has increased dramatically in the last four years. In 2011, JP Morgan has little or no physical silver. By 2012, they had acquired 5 million ounces of silver bullion.
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