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(2021) Goldman Sachs head JEFF CURRIE slips up & admits how SILVER is SHORTED through SLV.
@1:23 mark- "The (silver) SHORTS are the ETF!" (SLV). Goldman Sachs Global Head of Commodities Jeff Currie on February 5th 2021 slips up & ADMITS how the SILVER PRICE is manipulated through Silver ETF's like SLV (Largest Silver Exchange-Traded-Fund).
"The ETF's buy the PHYSICAL SILVER & turn around and SELL IT (Short) on the COMEX to hedge that position".
Here Jeff Currie is basically admitting that the SILVER EXCHANGE-TRADED-FUNDS (Like SLV, etc...) are PHYSICAL SILVER Piggy banks for the Bullion Banks who control the PRICES on the exchanges.
The Bullion Banks BORROW (SHORT-SELL) SLV shares to redeem for PHYSICAL SILVER & then SELL that physical silver on the COMEX exchange through the EFP (exchange for Physical).
So the Bullion Banks are effectively REDUCING the PHYSICAL SILVER out of the SLV & delivering it to settle COMEX Silver futures short positions obligations via the EFP.
This scheme therefore minimizes the UPWARD PRESSURE on the price of SILVER FUTURES at the COMEX because the Bullion Banks don’t need to directly SHORT COVER at the COMEX using this EFP (physical silver delivery method).
People/investors buy SLV (Largest Silver Exchange-Traded-Fund) through their brokerage accounts believing they now have PHYSICAL SILVER in their possession but the Criminal bankster "JP Morgan" is the CUSTODIAN/caretaker for the world's largest unsecured silver ETF slush fund called SLV (i-shares). JP Morgan is the Biggest criminal bank out there.
I am posting this February 2021 video now (July 18th 2025) because as of July 18th 2025 there are no more SLV shares "available" to BORROW against in order to get the Physical Silver out of SLV to put on the COMEX delivery for physical silver as Silver expert Ed Steer has said in this last video (Below) as well as others recently that follow this data closely.
They Have LOST CONTROL of SILVER & SLV (Shorts are PANICKING) - Ed Steer
https://rumble.com/v6wbw18-they-have-lost-control-of-silver-and-slv-shorts-are-panicking-ed-steer.html
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