JP Morgan $5400 gold

JP Morgan gold target is $5400.

JP Morgan: $30 oil

JPM $30 oil.

J.P. Morgan: Buy Gold, Silver and Platinum

Buy gold, silver, platinum. Sell oil, base metals.

JP Morgan COMEX Silver Vs. Silver Price

This is a very unusual correlation between JP Morgan registered silver at COMEX Vs. silver price. 

Oil headed to $380/barrel

J.P. Morgan sees $380/barrel oil. 

JP Morgan adds 400 ounce gold bars on COMEX

On 6 April 2020, we saw a whopping increase in 400 ounce gold stock at J.P. Morgan.

6-April-2020: 4 million troy ounces were added:

Something just happened on COMEX Gold

I have never seen this before. Sudden increase in registered gold?

And gold is now very expensive.

JP Morgan COMEX Registered Silver Declines From 5,122,062.104 To 5,116,914.804

For years, JP Morgan hasn't changed its registered silver at the COMEX, but it FINALLY happened. Registered silver went from 5122062.104 to 5116914.804.

Date	Registered	Eligible	Total
29-Jun	5,122,062.104	138,101,864.800	143,223,926.904
6-Jul	5,122,062.104	138,101,607.330	143,223,669.434
9-Aug	5,122,062.104	139,782,517.360	144,904,579.464
16-Aug	5,122,062.104	140,286,027.820	145,408,089.924
4-Sep	5,122,062.104	140,286,027.820	145,408,089.924
13-Sep	5,122,062.104	139,095,040.670	144,217,102.774
14-Sep	5,122,062.104	139,095,040.670	144,217,102.774
20-Sep	5,122,062.104	137,313,426.370	142,435,488.474
21-Sep	5,122,062.104	137,313,376.820	142,435,438.924
3-Oct	5,122,062.104	134,919,662.210	140,041,724.314
24-Oct	5,122,062.104	142,770,806.105	147,892,868.209
30-Oct	5,122,062.104	143,984,667.905	149,106,730.009
14-Nov	5,122,062.104	147,210,666.625	152,332,728.729
30-Nov	5,122,062.104	145,418,411.965	150,540,474.069
3-Jan	5,116,914.804	141,849,900.705	146,966,815.509

JP Morgan: Large drop in Eligible Gold

I don't know what it means, but yesterday we saw the largest drop in total and eligible gold in about a year time. 322000 troy ounces of gold were taken away. That's 11,4% of all JP Morgan gold stock.

Chart 1: COMEX gold