J.P. Morgan Getting Squeezed In Silver Market? | WHAT REALLY HAPPENED


J.P. Morgan Getting Squeezed In Silver Market?

It is widely known that J.P. Morgan (NYSE: JPM) holds a giant short position in silver. Furthermore, some observers are accusing the bank of acting as an agent for the Federal Reserve in the market - every tick higher in the price of silver undermines confidence in the U.S. Dollar. A lower silver price helps keep the relative appeal of the U.S. dollar and other fiat currencies high.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA