SLV again - JP Morgan is basically wheeling this forever as a perpetual money making machine

Read up on the history of silver being hoarded by JP Morgan. From my understanding, they’re effectively making money from this by consistently adjusting their short position while accumulating physical silver. They have the largest supply of physical silver. The SLV etf is actually tracking JP Morgan’s silver that is held in London. Make no mistake about it: those options chains on SLV (thousands of options on a daily basis) are controlled by Dimon and his crew. The most simple and effective way of making money weekly from this is buying the 100 shares of SLV, selling the call and simultaneously selling the ATM cash covered put. Given my hesitancy with the virus right now, I will most likely throw all of my portfolio at this for a couple of weeks and see how it works. And yes, I’ll buy some FD puts to protect my downside, but I have JP Morgan on my side. If silver prices drop so will JP Morgan by the looks of it. Edit: some folks are confused as to how JP Morgan and other banks are making money off of this. Theory 3 in this summary explains it quite succinctly: http://www.financialliteracybook.com/while-many-financial-experts-claim-that-silver-as-money-is-a-barbaric-relic-from-150-years-ago-jp-morgan-has-amassed-a-stockpile-of-at-least-700-million-ounces/