Of course there is shorting. Just as there is with ALL other equities. But that's the market. Just as JPM bought 90% of all the Copper LONG on the LME they can buy long or short and play all they want. A proxy for the Fed????? Now you're grasping. Just remember, silver has gone from under $4 to $30 quickly. And there'll be bumps and dips but JPM is NOT a problem. And regarding the Fed. YOU should THANK them all the way to your vault. If not for their spending, Silver wouldn't we this high. GL to you.