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 Eagle Summit Corporation Expects Rampant Short Selling of Silver Futures to Raise Prices- Eagle Summit Corporation Expects Rampant Short Selling of Silver Futures to Raise Prices
- March 23, 2011
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JPM has purchased a 3.3bn ounce "short" position on silver, which with the recent widespread purchase of silver must be leveraged against the $2.2tn of JPM assets.
JP Morgan has been linked with massive silver shorting. The recent surge in Silver spot prices has caused a huge buy back in futures contracts.
JPM has purchased a 3.3bn ounce "short" position on silver, which with the recent widespread purchase of silver must be leveraged against the $2.2tn of JPM assets. Silver prices hit a 31 year record high earlier this month at $34.97. Normally the speculator may buy the contract back; this means there has to be someone willing to sell the contract to ...
- View more at: http://www.1888pressrelease.com/eagle-summit-corporation-expects-rampant-short-selling-of-si-pr-288733.html
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