While you have likely heard that the silver market is manipulated, many market participants have been left feeling confused as to what’s really true, and what to believe.
The possible double H&S bottom is why I decided to pick up some silver stocks over the last several days. I know it doesn’t feel like it but if you look at the price action beginning at the 2020 March crash low to the August high that was one heck of an impulse move.
Because if SLV is just a trust, that receives customer money when new shares are added, that JP Morgan reportedly uses to go out and buy metal to deposit in the trust, what exactly is the ETF hedging?