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RoadtoRoota
Oct 13, 2022
In the 4th Quarter of 2021 Bank of America took the most shocking Silver Derivative position in history. 380M ounces of silver leased in a single quarter! This move culminated 2 years of BofA building a “Structured Lease Derivative” silver position of over 1.2B ounces of a very scarce physical precious metal. THIS QUARTER culminates the final part of that those transactions with a deliver of over 380M ounces by the end of December 2022! The only question left unanswered is ….where is that 1.2B ounces today?!
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