news.goldseek.com >> 4 June 2019

Rocket Fuel
By: James Cook
Here’s where JPMorgan comes in. If they sell when the hedge funds are buying back their shorts it takes the steam out of the price rise. On numerous occasions over the past eight years JPMorgan has built up its own short position to quell a substantive gain in silver. Will they do it again? We know that higher silver prices would be hugely profitable for them because while they have acted to keep the price down in the futures market, they accumulated a gargantuan hoard of physical silver. Ultimately, they want silver to rise in price. Furthermore, for the first time they do not have a short position in COMEX silver. In fact, they are long silver futures to the tune of 25 million ounces. Mr. Butler thinks the timing is right for JPMorgan to stop sitting on the price and let it go. If so, he claims the price rise will take your breath away.