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Tuesday, 14 July 2020

Craig Hemke: When Shorting Stops, Silver Pops


Demand for gold delivery is exploding, and that is a big reason for the upward price pressure. 

What about silver? Why is it lagging behind gold? It takes nearly 100 ounces of silver to equal 1 ounce of gold. 

That ratio is going to start coming down dramatically. Financial writer and precious metals expert Craig Hemke explains why, “JP Morgan has been accumulating all this silver and shorting against it as a hedge, managing the price and monopolistically controlling it.

- Source, USA Watchdog