🤯 Rumors are actively spreading on Twitter about a potential collapse of a major bank due to a silver margin call.
It is said that JPMorgan failed to handle the rising silver prices, and the Fed urgently injected $34 billion in liquidity into the market through emergency REPO operations overnight.
Additionally, it is claimed that the bank allegedly closed a long-standing short position with a loss of nearly $5 billion and sharply shifted to a large long position in physical silver.
Regarding the facts: • There are no official reports of the bank's collapse. • No official information about the Fed's emergency REPO operations. • No verified documents confirming JPMorgan's position changes have been found. • The sources of the rumors are anonymous posts and screenshots without primary sources.
For context: Silver and gold have been regularly hitting all-time highs over the past few weeks amid overheated demand and increased volatility, but now the market has entered a sharp correction phase – both metals are showing intraday lows.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🤯 Rumors are actively spreading on Twitter about a potential collapse of a major bank due to a silver margin call.
It is said that JPMorgan failed to handle the rising silver prices, and the Fed urgently injected $34 billion in liquidity into the market through emergency REPO operations overnight.
Additionally, it is claimed that the bank allegedly closed a long-standing short position with a loss of nearly $5 billion and sharply shifted to a large long position in physical silver.
Regarding the facts:
• There are no official reports of the bank's collapse.
• No official information about the Fed's emergency REPO operations.
• No verified documents confirming JPMorgan's position changes have been found.
• The sources of the rumors are anonymous posts and screenshots without primary sources.
For context: Silver and gold have been regularly hitting all-time highs over the past few weeks amid overheated demand and increased volatility, but now the market has entered a sharp correction phase – both metals are showing intraday lows.