Agree with that but one thing JPMorgan cannot defend will be a shortage of physical and as supply becomes tighter (whenever that may be ) and physical price deviates from paper, the market will dictate.
Look at the premiums on 1 oz silver from the Perth Mint... already in excess of 30%. Slowly the physical story and Mr market are getting this story out there....
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Agree with that but one thing JPMorgan cannot defend will be a...
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