fbx.
Silver is almost half the price of its 2 year high of $51 or $52 That is huge.
I ask why would the average hedge price be still 13% above todays price being $29.
What aggravates me is JP Morgan. They were on the share registry not long ago as a major shareholder. Not sure if they still are.
Also the biggest leg up anyone can get is to see their activity on all silver producing companies. I have a theory which flies with what you say. Maybe you can tell me. The last time JPM increased their holding in ccu...what happened to the price of silver during that period leading up to it?
Run the silver price down.. then cover their position by buying shares in silver mining companies to secure some coverage aginst their shorts??
thoughts??
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