Jason Burack of Wall St for Main St interviewed returning guest, former professional Wall Street equity options trader and Wharton MBA graduate, Chris Marcus of Arcadia Economics https://arcadiaeconomics.com/, to talk about gold and silver markets and also his new book about the silver market that just came out. Chris’ new book, The Big Silver Short: How The Wall Street Banks Have Left The Silver Market In Place For The Short-Squeeze Of A Lifetime is available for purchase on Amazon for Kindle or paperback https://www.amazon.com/Big-Silver-Sho… Chris also has an audio book version of his new silver book for sale on his website: https://arcadiaeconomics.com/thebigsi…
During this 40+ minute interview Chris talks about the astounding number of paper claims (500 or more) that there are on each ounce of physical silver on the COMEX & LBMA where silver futures contracts are traded. Chris talks about how the SIlver Guru, David Morgan says that if OTC derivatives are included than it is a lot more than 500. Chris also talks about the ongoing RICO case against JP Morgan for spoofing gold and silver trades by the US Department of Justice and how a run on physical silver may now be occurring starting a few months ago with 90 million ounces of silver taken for delivery in a very short amount of time.