ALERT! OCC Data Shows 1st Drop In Silver/Gold Derivatives in Years! JPM & BofA Dump $38B! (Bix Weir)
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09/15/23
It's been a long, long time since the Silver/Gold OTC Derivative market has fallen from the previous quarter but yesterday's OCC Derivative report showed just that! Not only did it drop by $30B but JPM & BofA dropped by an even greater $38B with Citibank shouldering the most of the difference. Is this the wind down of the 1B+ ounce Silver Lease that started after the 2021 Silver Squeeze? It sure does look that way!
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