A birdie told me that Deutsche Bank took hold of 9M oz (around 280 metric tons) of silver in the last month or so.
My interpretation: they know what’s about to happen to the price of silver and they are trying to save themselves from the mess they are in due to their rotting fake paper assets. Basically, this gives additional weight to the hypothesis stating that gold is going up, and silver will rise until it reaches the material scarcity equilibrium with gold, around 1:9 ratio or something similar.
I’ve been buying silver like crazy for the past month. There are too many indicators for me to ignore them. Also, DB is in problems that are too acute for them to get into this as a matter of long-term strategy. They must expect something to happen quickly.