RE:AG etf's absorbed 2 months of world AG productionhighper wrote: Inflows into silver ETFs since the start of the year now total 3,786 tons (+20%), which equates to almost two months of global silver mining production.”
https://www.etftrends.com/silver-etf-demand-spikes-as-investors-favor-risk-off-assets/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+etftrends-feed+%28ETF+Trends%29
Did they buy real silver ? Or did they buy paper promises to deliver real silver. When the sellers can't deliver what happens to the ETFs values ?
Its just a confidence game for the Big Bank Fraudsters. As long as they can keep naked shorting the silver market they know they will be abie to buy it back cheaper from someone scared out of their position and make money on their short positions. Just the same with selling promises to deliver silver they don't have Maybe JPMORGAN has as stash to use for covering but most short sellers do not, their silver is only as good as their ability to deliver.