JP MORGAN IS THE KINGPIN
Bunker Hunt once said, "Silver is an accident waiting to happen". I don't think this was said with the understanding that most people will take it. I think it was meant as there will be an explosion in price.
JP MORGAN currently holds more the 500 MILLION OZs OF SILVER. Making them the largest private holder of silver.
You might ask your self how did this happen and why was it not noticeable? It took time and patience, 5 years to be exact. This had to be done over a period of time, to keep the price from rising. Thats still roughly 100 million ozs a year.
How where they able to purchase so much when so little is for sale? They did most of it by buying SILVER EAGLES and MAPLE LEAFS. Infact the have bought 100 MILLION OZs of American Eagles and 50 MILLION OZs of Maple Leafs. Now for my Eagle and Maple stackers dont think this will casue your eagles and maples to go up. They have been melting them down into 1000oz bars. Why would they buy eagles and maples to melt down? Simple, these are the two highest produced silver coins in the world.
Owning 500 MILLION OZs of silver, comes with alot of power. They controll the caps, they stop the rally and yes they are keeping the price down.
Now there has been alot of discussion over how many oz they want. I have heard everything from 600 MILLION TO 1 BILLION. What is true is, they are still buying, are you?
But what is factual is , they have been buying for 5 years. 5 years ago silver was at $28.88 an oz, today it is at $16.67 an oz. so with that being said they WILL NOT LOOSE ON THERE INVESTMENT. So silver will at least top the $30.00 an oz mark.
Look its pretty simple, if you own 500 million ozs of silver, you pretty much controll the silver market, you controll the dip and the rallys.
THEY WILL HAVE THE LARGEST PROFIT IN HISTORY. WILL YOU BE PART OF THAT HISTORY?
Keep stacking as long as JP Morgan is stacking.
Follow me @raybrockman
Upvotes and resteems are appreciated
I told a friend who work's for JP Morgan about the company's bolstering of their position in silver. He had no idea and was interested in finding out more. I find that it is one thing to know that they are increasing their stack and a whole other level to understand the implications of such long positioning. I feel blessed that I am in the know and understand why it's important to take action myself! Great article bro! I will resteem! This deserves a big payout!! 👍👍💯💯
Appreciate it buddy, thanks for the resteem.
J P Morgan said it himself,
( Gold is money everything else is credit )
strait from the horses mouth. You can add silver to that too. Cheers
Agree, but they do hold way more silver than gold. They have a plan trust me. Keep stacking my friend.
I think the big question we have to ask ourselves, is what is their primary motivation? Are they doing this simply to keep silver in check in order to preserve fiat, much like governments and central banks do? Do they plan on hoarding more and more, until the price is forced to skyrocket due to a shortage that is likely going to happen anyways, and then sell at a profit? Or, are they holding onto these physical assets, because they know this system is fake, and they want something to build off of when it all falls apart?
I think it could be all of it but they do not do things with the intent of loosing money, they will profit from this. Thanks for the visit my friend. Keep stacking.
You're right, the first reason could still go hand in hand with the last reason.
silverfortune your real smart about metals my friend...I think your mind goes off in all types scenerios, but again yes I agree in the price will just skyrocket anyways due to supply and demand. The question is if it does, when and how fast will it go back down just like the $48 once silver that did not last long when investors sold their stacks or partial
This is PERFECT information for anyone who wants to learn more about investing in Silver bullion. Thank you for sharing this with the #steemsilvergold community. Upvoted & ReSteemed!
(Already followed you a while back.)
Thanks my friend.
Thank You @raybrockman another very informative post. Where do you find these nuggets of information? Upvoted and resteemed.
I wake up thinking about silver and i go to bed thinking about silver. Maybe its a sickness. Keep stacking my friend.
Stack it high, stack it often...I love the maples myself :) Great advice!
Agree, stack it high. Thanks for the visit and comment.
Watch what the rich are really doing but don't listen to what they say hahaha. Freeport vaults in Singapore's airport is full of gold and silver bars and its not enough to store them.
@thecoolplayer i like that, "watch what the rich are really doing but dont listen to what they say" very good words to survive with. Thanks for the comment and visit my friend.
Follow where their money is going. If they're buying silver, then I should be also. They'll manipulate the price until it's time for them to reap the rewards.
I'm looking forward to that day.
I've been hearing this for years now. Probably self preservation reasons. The old adage heads they win and tails you loose seems still true.
I think as long asbyour holding silver it wont matter if it heads or tails, you are gonna win. Thanks for the visit and comment.
Time buy and to keep stacking it high