Come the end of JUNE the contracts for physical will tell the tale.
If 6000 contracts STAY long on expiry date , the COMEX silver is wiped out.
Two weeks and we will know what is really happening. For now JPM and the banksters are making silver look as weak as possible even tho it is hanging around 35$ US , and that of course will produce a record Q ending JUNe 30TH FOR silver producers, as the average will be well above 36$ for the Quarter.
This WILL translate into record revenues and profits of course, but that is not being reflected at the moment. Sheeple are selling silver like these cash rich and extremely profitable produers are going bankrupt.
Last time SVM was at this sub 8$ level was last sept when silver was trading around 20$ an oz.
Ridiculous that JPM thinks they can confuse the more educated investors with massive dumping, ( likely naked shorting)
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