JP Morgan already hoarded 750 million ounces of physical silver. On top of that JPM adds another 21+ million ounces in the past one and a half month.
Peace, Love, Freedom, The Austrian School of Economics, And The Free Market!
The Federal Reserve's plan of QT (quantitative tightening) to withdraw $1 trillion this year in liquidity has crashed into a BRIC wall.
The Federal Reserve has shrunken in 2018 its balance sheet by $116 billion. It seems like a lot of money, but it's not when we see a broader picture of what happens around us.
Emerging market currencies have been affected by the Fed's policy. The little drop on the image above has had an impact on the emerging market meltdown ranging from Turkey to Brazil, to South Africa.