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Those who read my articles on silver know that I have disagreed with the conspiracy crowd that argues that there is a big hand over the silver market to hold the price down. I have never believed that JP Morgan, or any other financial institution in the world, has participated in a conspiracy or scheme to depress the price of the precious metal.
JP Morgan is the world's leading precious metals dealer, that is a fact. JP Morgan holds a massive horde of silver on a custodial basis in its vaults, that is a fact.