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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Last
40.5¢ |
Change
-0.020(4.71%) |
Mkt cap ! $21.13M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 40.5¢ | $175.2K | 426.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 65743 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 20213 | 6 |
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| Last trade - 11.03am 18/11/2024 (20 minute delay) ? |
| MTH (ASX) Chart |
