“There is only one way to handle an event that is certain to occur, but at a time that can’t be pinpointed – by preparing for the certainty beforehand. JPMorgan’s downward manipulation of the silver price in order to accumulate the largest hoard of silver in history further assures the outcome. The whole manipulation is somewhat complex (until fully vetted), but the preparation for it is as simple as it gets – buy and hold silver, about as hard as falling off a log.”
PG View: JPMorgan holds more than half a billion ounces of physical silver and is still in accumulation mode. When they feel they have enough and lift their short positions in the futures market the price of silver will likely soar dramatically. It might be worth being along for that ride.