For anyone interested the next COT report on Silver will show JP Morgan's Silver short position is covered. This has been a long term short position taken over from Bear Stearns during the 'GFC'. This is significant. They have a massive physical silvet hoard and each dollar increase in silver price will net them US$1bn profit.
This is a red flag imo.
Word has it they may be Long COMEX Silver now.
JFI
Ann: Meekatharra Vanadium Joint Venture, page-118
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