Do Like JPMorgan’s Doing, Buy Silver?

Roll in your Hunt Brother graves.

Eat your still beating hearts Buffett, Munger, & Berkshire Hathaway.

[buffett]

JP Morgan’s record-sized silver bullion holding portends much higher prices ahead.

Also see 2017 hedge fund letters

This silver trade has taken about a half century to fully formulate. It started in earnest with US silver demonetization (1965) and the inception of the full fiat currency era (August 1971).

Since then there have been two $50 oz USD silver spikes (Jan 1980 & April 2011), various lawsuits, and a few record size silver holders along the way.

Below are three of the largest silver bullion buying entities over the last 50 years.

The Hunt Brothers

1973 to 1980: 100 million ounces of Silver

Driven by price inflationary fears, the Hunt...