A Whale Is Accumulating Silver Futures

derryb · July 11, 2019 12:26PM

And it's JP Morgan's biggest, and most secret silver client

"It will be interesting to see if this move, combined with China’s increasing gold reserves, results in a significant jump in the silver price. If the silver whale is China, then it’s a reasonable supposition that China is signalling by its actions that it expects dollar prices for gold, and therefore silver, to continue higher over time."

ricko · July 12, 2019 5:02AM

Fasten your seatbelts....this roller coaster ride could get interesting....Or not.... Cheers, RickO

MsMorrisine · July 12, 2019 6:04AM

@derryb said:
"If the silver whale is China, then it’s a reasonable supposition that China is signalling by its actions that it expects dollar prices for gold, and therefore silver, to continue higher over time."

wouldn't china be accumulating on the spot market?

metalmeister · July 12, 2019 9:16AM

China is hoarding Gold and PM's not 000111000's crypto currency.
nuff said

johnny9434 · July 13, 2019 8:07AM

@ricko said:
Fasten your seatbelts....this roller coaster ride could get interesting....Or not.... Cheers, RickO

we shall see

WWW · July 13, 2019 8:18AM

Chinese Silver Whale

MsMorrisine · July 13, 2019 8:19AM

carp

WWW · July 13, 2019 8:21AM

Oh Carp! But it has a whale of a tail.

jmski52 · July 14, 2019 4:41AM

eh? huh?

Coulport · July 14, 2019 5:09AM

It’s a dragon, carp, whale hybrid.

cohodk · July 14, 2019 6:46AM

The linked article seems to throw a lot of cold water on the conspiracy theory that JPM owns hundreds of millions of oz of silver.

blitzdude · July 14, 2019 11:50AM

@cohodk said:
The linked article seems to throw a lot of cold water on the conspiracy theory that JPM owns hundreds of millions of oz of silver.

For sure, not to mention zero hedge has always been nothing but a peddler of conspiracy theories . The silver Chinese whale is just another. Better hurry up before the whale explosion and GET SOME NOW! lol

jmski52 · July 14, 2019 1:49PM

For sure, not to mention zero hedge has always been nothing but a peddler of conspiracy theories . The silver Chinese whale is just another. Better hurry up before the whale explosion and GET SOME NOW! lol

Please provide us some facts, and that'll make us all rich.

KindaNewish · July 14, 2019 1:59PM

@blitzdude said:

@cohodk said:

For sure, not to mention zero hedge has always been nothing but a peddler of conspiracy theories . The silver Chinese whale is just another. Better hurry up before the whale explosion and GET SOME NOW! lol

https://youtube.com/watch?v=XT4vLmj_iiM

jmski52 · July 14, 2019 5:22PM

Masters is widely credited as the creator of the credit default swap as a financial instrument.

Why would anyone believe anything that Blythe Masters or JPMorgan Chase have to say about these opaque markets?

OPA · July 14, 2019 6:17PM

@KindaNewish said:

@blitzdude said:

@cohodk said:

For sure, not to mention zero hedge has always been nothing but a peddler of conspiracy theories . The silver Chinese whale is just another. Better hurry up before the whale explosion and GET SOME NOW! lol

https://youtube.com/watch?v=XT4vLmj_iiM

Those whales are loaded with hot air.

A Whale Is Accumulating Silver Futures

Comments