Interesting I guess. Drive the market up on hype & then short it on hype. Reads like the old “pump & dump” days of boiler room strategies.
Silver has been on a tear since the beginning of this year (It is at $23/oz or so the past week). Many are saying that in order for it to reach its all time high (inflation adjusted), it has to shoot above $30/oz.
But now, reading what JP Morgan and HSBC ( and who knows what other firms) are doing, I’m not so sure anymore...