Short contracts by JP Morgan and are a 1 year low.They are being unwinded currently.It's time to take off this monthhttp://kingworldnews.com/kingworldnews/Broadcast_Gold+/Broadcast_Gold+.html
He said silver shorts had dropped. Gold shorts were at an all time high.Think where gold would be now, if the banks hadn't shorted it hand over fist, to curtail the rally.When silver went to 21, the same thing happenend. It was rising in the face of tremendous shorting. This capped the rally by as much as 50%.When the rally finally ran out of gas, and the containment strategy had prevailed, it was then hammered back down to 9 as JPM ran the table.When the run in gold finally stalls, way short of where it would have been if it wasn't being surpressed, will the banks be able to repeat the raid? What will happen to silver?It's harder to manipulate gold than silver, because the market is bigger, and the shorts are fighting entities who also have huge pockets.