On September 25, 2020 JP Morgan pleaded guilty to illegally rigging the Silver market and agreed to 3 things: 1) A 3 year Differed Prosecution Agreement 2) Pay a penalty of $920M and 3) "disgorge it's unlawful gains." #'s 1 & 2 are self explanatory and have been discussed by many in the Silver Community but #3 has NOT been brought up at all! Strange that they used the word "DISGORGE" and not "PAY BACK" or "SURRENDER." Why did they use the legal term "disgorge" if it was just a return of trading revenue they made from their illegal trades? The definition of disgorge is "To surrender (stolen goods or money for example) unwillingly." But JP Morgan was already paying money in #1 so it must have been the "stolen goods!" If you have followed Ted Butlers work he's been tracking the Physical Silver deliveries that JP Morgan has been taking for over a decade...and they were HUGE! 1.2+ Billion Ounces at a minimum. If you take into account the OCC Derivative transaction between JPM & BofA you can easily see that BofA leased over 1.2B ounces of Silver over the past 3 years! Voila!! The only questions left is WHO took possession of the Physical Silver. I believe it to be the US Mint to create Silver coins for our NEW Gold/Silver monetary system!!

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