Leeb – JP Morgan’s Massive Gold Derivative Short Position May Be Larger Than The Bank’s Assets

Leeb – JP Morgan’s Massive Gold Derivative Short Position May Be Larger Than The Bank’s Assets

March 25, 2023

Today one of the top money managers in the world warned JP Morgan’s gold derivative short position may be larger than all the bank’s assets. He then pondered the ramifications for JP Morgan if the price of gold shoots up $1,000. Take a trip down t…