How much silver JPMorgan can squeeze into the SL V?
TF part runs out?
How much did it claim to squeeze into SLV on the day of silver screws?
One in February, last year, commodity Traders setting the Red Alert
asking for immediate bailouts from all their governments, all around
the world.
SLV.
As you probably know, is controlled by JP Morgan and it's New York
halt.
Here. We have the silver bars listed in the SLV ETF.
You have one in New York.
And it's New York fault.
There are one hundred and two thousand.
Eight hundred thirty seven bars.
Supposedly, totaling 103 million one hundred, Seventy-Six thousand
ounces of silver.
Now, if we look at the total eligible stocks of silver in the
JPMorgan, Chase vault in New,
We have a 142 million 239,000 180 ounces those that I read before in
the SL V, DF are already accounted for and they are not registered.
As registered means for sale against Futures contracts SLV.
Bars cannot be for sale because they belong to S LV.
So you have a total of 39 million 63,000 engine 55 ounces that can be
shuttled into SLV from its New York fault.
Now, how much did SLV put into
To the SLV ETF.
How much is Jay P?
Morgan put in there on the day of silver?
Squeeze one in February.
That black rectangle that is silver.
Squeeze, that is the shuttling in of silver into the ETF.
Totaling 112 million ounces about three times.
What JP Morgan has left in its New York Vol.
Now it is possible.
Theoretically that a lot of that sort of came from other vaults in London.
We just don't know, but we're very close to squeezing SL.
To death back in silver, squeeze one and there is more silver in it.
Now. It has been trending up since the beginning of 22 by what looks to be
about 30 million ounces.
And that is about how much it has left, and it's your fault.
Now if we look at the food price inflation situation, which I believe
is the most accurate in terms of the actual price inflation levels
because you can't really substitute for food.
Everyone has to buy food.
You have the leading countries in the price.
Inflation rate hyperinflationary countries of Argentina, turkey and
third Mexico, which is the silver producer leader and high prices.
There will discourage, Mexico
From exporting its silver and you have Russia which is at War right
now finding then Brazil and then United States, almost 8% food price.
Inflation has the dollar is incredibly weak right now.
It will only get weaker from here.
You see here that since 2021 says late 2021, there were about seven
hundred twenty five thousand ants Platinum.
the storage in New York, that
Now we are down to four hundred twenty four thousand six hundred and
seventy seven ounces.
That's about 300 thousand ounces physically removed from the Vault and stand.
That is an enormous amount more than has ever been removed in the
Platinum Market before.
Now, according to my map.
We have 10,000 325 warrant delivery since July, 20 21, since that
point when platen deliveries were at a hot or when Platinum stocks
were too high.
We've had Ten Thousand Years 25, warrant deliveries, a warrant is
Check each contract and platinum is 50 ounces, not 100 ounces.
So
Given that we've had 10,000 years or twenty five.
Deliveries since July, 22 and 11 ounces were at a peak and we've had
six thousand contracts worth, move out.
Since then, that means about 60% a little bit less than 60% of all
deliveries, and platinum have been physically moved out of stores.
Now, where are we now?
That means that the Platinum Market at least in comex, is mostly a
delivery market right now.
Here's the current situation in Platinum.
We have three days to deliver.
Re you have 14,000 525 contract, still open, and how much platen do we
actually have set for June 24?
Thousand ounces.
That's about eight thousand four hundred and ninety three contracts
available to deliver and only 5312 of those are actually registered
for delivery.
So we need to move about 9,000 contracts out into the next month, roll
over in the next 3 days or registered, Platinum could run out.
Will it prop, will it?
Probably not these things.
Usually get saved last minute, but it's always something to monitor
that gets exciting in the last days.
We've seen a platinum moving out in Torrance since July, 20, 21, and
it's probably still going to be moving out this delivery month.
Finally, we have something going on in GLD in GLD the equivalent of
sov in the gold market.
We've had huge inflows of 3.5 million ounces since January 20 22.
So we've seen inflows into sov use and impose the GLD.
We've seen outflows in the Platinum market and emergency situation in
energy markets from
the energy Federation of traders in Europe.
Something is going on folks.
Something is going on the paper markets, not just in gold and silver.
While it is true that Banks use paper markets to quote, unquote,
manipulate the price of gold and silver.
It is more of a structural issue in my opinion that paper open
interesting.
Every Futures Market is way higher than the physical supplies of the
available Commodities on planet Earth and that
Is why a squeeze?
Is coming lead by gold and silver at the end which will collapse the
dollar and bring physical reality into line with paper Reality by
pushing prices of everything much, much higher in the real world.
This is the endgame that we should all be preparing for and that end
game for silver.
Is that every commodity instead of being priced in fiat, currency is
priced in silver instead.