SILVER 0.30% $15.25 silver futures

Oh yeah right those several billion ounce short's JPM supposedly...

  1. 392 Posts.
    Oh yeah right those several billion ounce short's JPM supposedly has right?
    JPM recently reported their 10q, not a single day of losses.
    Pretty hard to do when silver soars to $50 an ounce right? Like when you're short 5 billion ounces, and it goes up $30 an ounce... I guess they are ... Lieing?



    You can get as much silver as you want at spot price, all you gotta do is buy 200 futures contracts @ 2500 ounces/contract, hold onto the position.. And bam the seller will be contractually obliged to deliver you 500k ounces next month.
    You'll pay the spot price you bought the futures for, got it ?


    Any proof you have that you can't get silver for spot price if you're a wholesale buyer ?
 
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