Bank Of America Now Heavily Involved In Silver Derivatives, Short 300 Million Oz of Silver?
- WallStForMainSt
According to Ted Butler, Bank of America’s OTC derivatives position on silver derivatives has gone from only $175 million at the end of March 31, 2020 to now over $8.3 billion. Butler’s new free article is here: A New Piece of the Puzzle https://silverseek.com/article/new-pi…
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This is a big increase very quickly. According to Butler, Bank of America is now naked short 300 million oz of physical silver that it will have to deliver to JP Morgan at some point in the future.
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Singapore Dealer Prepares Vault for 15,000 Tons of Silver https://finance.yahoo.com/news/singap…
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