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Bix Weir: Bank of America, JP Morgan Silver Derivatives Game Imploding!

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RoadtoRoota
Nov 29, 2022

WOW! Bank of America is positioning itself to close (or roll over) their MASSIVE 380M oz 1-year derivative position that was put on in Q4 2021 and part of that should be the December COMEX Delivery month. Yesterday there was 100M ounces of open interest and today there’s only 35M ounces! by Thursday it may even be ZERO! WHY? Well, 10M oz of that was a EFR delivery…what? I had never even seen that EFR delivery category but it’s an option on the Criminal COMEX Exchange. EFR means ‘Exchange for Risk” and is just one of the criminal derivative delivery avoidance mechanisms on the COMEX. Oh well, looks like December is shaking up to be THE LOWEST DELIVERY MONTH IN COMEX HISTORY!! That could only mean one thing….THERE’S NO PHYSICAL SILVER LEFT IN THE COMEX WAREHOUSES!!

https://www.youtube.com/watch?v=ctU3MMruROU

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