(Recorded Sun Apr 5, 2020)Is the current breakout of gold and silver destined to confirm a massive bull run for precious metals in the face of coordinated monetary easing by the world's central banks? And who stands to gain the most in the months and years to come?
After a decade of highly controversial actions resulting in precious metals spot prices held near production cost, and more recent world-record physical accumulation by world central banks, JP Morgan has amassed the largest silver holding in history. Now, according to legendary silver analyst Ted Butler of ButlerResearch.com, JP Morgan has at last completed covering their epic short positions, has gone fully long now, and is perfectly positioned to make incredible profits with the launch of an extended bull run in both gold and silver.
Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to investors in precious metals, with an emphasis on silver.