Liberty and Finance, Released on 5/24/20
The largest eight COMEX silver shorts are still stuck in their short positions, which have already lost billions on paper during silver’s recent price rally. JPM is recently uncharacteristically not short, but instead sitting on the most massive hoard of physical silver in history.
This week, Reuters reported on an intensifying DOJ investigation, not just against individual JPM gold & silver traders, but against JPM itself. Legendary silver analyst Ted Butler, founder of ButlerResearch.com, returns to Finance and Liberty / Reluctant Preppers to give us the latest in this unfolding collision of the regulators vs. one of the most powerful banks in the world, over the concentrated pricing and physical accumulation of silver.
Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to investors in precious metals, with an emphasis on silver.