http://finance.yahoo.com/news/jpmorgan-quits-physical-commodities-business-201309714.html
When I started reading this, I thought "Oh shit! Silver is going to fly since they will have to cover all their short positions." Then I kept reading....
The bank said it will continue to trade in financial commodities such as derivatives and precious metals.
Bah...
When I started reading this, I thought "Oh shit! Silver is going to fly since they will have to cover all their short positions." Then I kept reading....
The bank said it will continue to trade in financial commodities such as derivatives and precious metals.
Bah...