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Re: 100lbStriper post# 1403

Sunday, 11/14/2010 2:04:40 AM

Sunday, November 14, 2010 2:04:40 AM

Post# of 36302
I am starting to get hopeful that they are actually going to expose them and get a favorable ruling. If they do though t's going to be a real mess,

"JP Morgan's short position in silver could thus be as high as 3.3 billion ounces if we are conservative, and estimate their position at only 25% of the BIS report numbers. By $500/oz., JP Morgan's short position could be worth a negative $1.5 trillion, and that's just for starters. It could grow worse if they add to their short position, in a misguided attempt to manipulate a market that is clearly moving against them. "

Is there anyone who could keep a straight face and say that a short position of this magnitude is not manipulative?

One head cannot contain all wisdom.

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