It has always been the rumor that JPM and the FED have suppressed the rise of commodities through naked shorting of the ETF's. I have no idea if this is true or not but if there is ever a run on physical gold and silver by global speculators(that is, buying the certificates and exercising the long position to accept delivery) this company is done.
I agree that anything that is done on an illegal basis is eventually discovered and blown up. I am not saying who is behind the collusion in the COMEX trading but whoever it is will be run over by a bulldozer. The rumor has always been two banks with strong ties to the FED.
OT- Watching CNBC is like watching a train wreck. If this market continues like this, 50% of the pundits on tv will be looking for a new job because ratings will implode. Bloomberg has already started slashing staff.
It is not as complicated as you allude to. JPM keeps the price of gold and silver down via comex shorts! The short position in silver is quite alarming and is clearly illegal (according to Ted Butler). Like Madoff, it will blow up and silver and gold will rock and roll.