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To: GROUND ZERO™ who wrote (38496)	10/5/2012 1:20:36 PM
From: SGJ	Read Replies (1) \| Respond to of 219484

Could be....too many longs.

To: GROUND ZERO™ who wrote (38496)	10/5/2012 2:19:18 PM
From: Ontherise	Read Replies (2) \| Respond to of 219484

JPMorgan has been increasing their short position ever since this rally in silver started. Just look at this comparison of the short positions on August 14 vs Sept 25: The 4 largest traders have increased their short position by 30% in the last 6 weeks. Silver analyst Ted Butler had this to say about the situation in his previous Saturday's commentary about the COT on September 21st...and not a thing has changed since then. So what he said then, basically still holds true now..."There is no excuse possible that would permit JPMorgan to hold 31% of the entire net COMEX silver market (minus spreads) or for the four largest shorts to hold 49% of COMEX silver (as of the most recent COT). Just to give you a sense of the lopsided nature of big shorts compared to big longs, on the same methodology (no spreads) the 4 biggest longs hold only 13.4% of the COMEX silver market. JPMorgan, alone, holds a position more than 2.3 times larger than the 4 biggest longs combined. That’s obscenely manipulative. Plus, JPMorgan has been virtually the only active short seller in COMEX silver for months." caseyresearch.com