This is one theory of what’s happening, but its full of holes
What they say JP Morgan is doing is effectively a spread - short silver, then long gold. JPM are betting, in effect, gold rises more than silver
But presumably, this spread was put into effect over the last several years, when Gold Price -Silver Price ratio has been 80-100 - already very lopsided in gold’s favor.
To make money, they need Gold-Silver to go >100. It seems highly unlikely in a precious metals bull market like we’re in now.
I’m a small fry investor- not too many years ago I bought two rolls of silver Eagles at $375 each. I gave one to one of my daughters who needed the money. I’m glad to say she still has it. I have the other one. Not a bad return…..
To make money, they need Gold-Silver to go >100. It seems highly unlikely in a precious metals bull market like we’re in now.
xxxxxxxxxxxxxxx
especially since historical Gold-Silver ratio is more like 60-70