IS JP MORGAN ACQUIRING TENS OF MILLIONS OF SILVER EAGLES? — David Morgan

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We ring in the New Year with a visit from David Morgan to discuss the unprecedented demand for American Silver Eagles. The question is, WHO is buying all of this PHYSICAL silver? Because typically as the price of an asset falls, retail investors flee. Has JP Morgan itself been snatching up tens of millions of ounces of the precious metal in the form of silver Eagles as the criminal bank drives the price down via the COMEX? It’s what Ted Butler calls “The perfect crime”. Is he right?
Either way, those in the know win, because we understand that PHYSICAL silver is in very high demand – and its very, very precious.

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3 thoughts on “IS JP MORGAN ACQUIRING TENS OF MILLIONS OF SILVER EAGLES? — David Morgan

  1. Why would Morgan be bothering with Eagles? Wouldn’t they be stocking up on Mega Kilo bars? Morgan buying eagles is like a Middle class person bothering to take the time to gather 1000 coupons for a penny! (Most coupons have printed: worth 1/1,000 a cent) The demand for lowly Eagles wasn’t from a mega bank.

    • Federal taxes on PM profits, which are 25%, do not exist when you sell back Eagles or other American Silver coins. This does not apply to 90% junk silver, however.

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