SILVER (Ag) PRODUCERS

[NYBob]

Will Sprott's new silver fund become MorganChase's biggest nightmare?
Submitted by cpowell on Thu, 2010-07-15 14:45.
Section: Daily Dispatches

10:45a ET Thursday, July 15, 2010

Dear Friend of GATA and Gold (and Silver):

Zero Hedge has some encouraging words about the new Sprott Physical Silver Trust, whose taking "a few thousands tonnes of the precious metal out of circulation is sure to create quite a few sleepless nights for [JPMorganChase's] Jamie Dimon's precious metals manipulation club, which may suddenly find itself with a massive short position covered by even less actual deliverable, bringing the much-anticipated monumental short squeeze one day closer."

Zero Hedge's comments are headlined "Will Sprott's Brand New Physical Silver Trust Become JPMorgan's Biggest Nightmare?" and you can find them here:

http://www.zerohedge.com/article/will-sprotts-brand-new-physical-silver-trust-become-jpmorgans-biggest-nightmare

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