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Andrew Maguire: DOJ Told JP Morgan To Reduce Silver Position

Last week the shocking news was that on the first day of the COMEX July silver delivery period, JPMorgan posted 30 million ounces of silver for delivery. Now, Andrew Maguire of Kinesis Money, who’s been a key witness in the Department of Justice investigation, reports that JP Morgan was told to by the DOJ to reduce its silver position as they negotiate a settlement.

Andrew also talked about the stunning recent silver inflows to SLV and the silver trusts, and explained how the number just simply don’t add up.

Especially with the silver price experiencing another sharp jolt to the upside, this is a timely interview you are going to want to see, so click to watch what Andrew had to say now!

 

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