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Andy_K
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Learning to Prosper in Silver - Jeff Nielson

- Sprott Money -

That is THE question that silver "investors" and analysts have been asking for years. Where IS all the silver coming from? I have yet to read any compelling argument that answers that question and I think the reason is that nobody really knows. The most plausible explanation, at least to me, is that when the US government de-monetized silver the official stock-pile on government books was far less than what they really had. Silver is a strategic metal and it is entirely possible that the government had additional stock-piles of silver that they were hiding from public view and that they have been tapping into over the last few decades to plug any physical shortages.
As far as the accumulation of silver by JPM there is no doubt that they are accumulating silver and have been taking physical delivery but it is debatable if they really were able to accumulate half a billion ounces or more. I think the real question is WHY is JPM accumulating physical silver and does that silver really belong to JPM? JPM knows better than anyone that the price would not be at current levels if THEY and other bullion banks were not colluding to suppress the paper prices. So, do they simply see the writing on the wall? Do they know that the secret stock-piles of silver are nearly depleted and that the physical market of silver is about to get overrun by physical demand? Did they maybe stock pile the silver so that they can prolong the price suppression in the paper markets? Also, does the silver actually belong to JPM or does it belong to powerful corporate interests or sovereign entities who are worried about the future supply of silver?
Only JPM knows for sure and I have a feeling that they won't reveal their intentions. One way or another, JPM will somehow benefit from all that physical silver - that is a given.

Commented 2770 days ago

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Beginning of the headline :We live in the era of the sound-bite. In our televised news, every subject – no matter the complexity – is presented in two minutes or less. Our newspapers are the print equivalent of the sound-bite. TV programs exist which present longer discussions of important subjects. News magazines exist which provide longer print features. But no depth of understanding is gained from such sources. Instead, we are simply bombarded with an agenda: the agenda of the handful of mega-corporations which co... Read More

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