Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (52639)	6/20/2006 2:06:59 PM
From: regli	Read Replies (1) \| Respond to of 116555

I don't think it is difficult to sell short a lot of futures contracts if the price is right. Longs will be found at the correct price. And as evidenced in just about any futures market, oil being a particularly often quoted example, the futures strip has a significant influence on price expectations. If an entity has enough physical, it is very easy to influence prices either on the down or upside. The silver market has been proof of this before on the long side. The short side is simply the opposite of that situation. Obviously the concern about a concentrated short position is a valid one otherwise why not remove the rules on the upside? However, if there was consistent manipulation in the silver market, the ETF will likely resolve that issue and from now on market forces should prevail over the medium to long term which I believe is also Butler's view.