Please do not short silver ever. There are no major sellers in market anymore. Only major seller was JP Morgan Chase for last 8 years. JPM have been shorting futures market in US and taking delivery at London for last 8 years. Now they have 4805 tons of physical silver. 480 truck load of silver. Since JPM is not shorting market anymore silver is going up and it is good for JPM because they have physical silver. Silver is currently trading at 18.30 or Rs. 46000. It can go up to 50 or Rs. 150000 per Kg. So please dont short silver because we never know at what price JPM will release their Silver on delivery
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Reputation: 128 • Aug 31, 2019 4:33 AM
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