55 Trillion in garbage derivatives
+ 16:1 naked short in Silver and 4:1 naked short Gold
+ 2-Week Jim Cramer Effect
= DOOM!
JP Morgan is a fortress
— Jim Cramer (@jimcramer) March 10, 2023
Closer to 50 Trillion at the end of last year.
https://www.usbanklocations.com/bank-rank/derivatives.html
AC