Costatas silver open forum

 Lång men mycket intressant artikel om silver och alla de "fakta" som cirkulerar. För den som orkar läsa så ger den välbehövliga alternativa vinklingar, och gör något jag uppskattar. Ifrågasätter.


Ted Butler (and, to be fair, many others) allege massive naked shorting on the silver Comex. Ted lays out his case here. From what I have read it appears that in Ted’s narrative this massive naked short position is held, primarily, by JP Morgan and perhaps HSBC. This is how Ted’s tale ends—the Comex shorts will be chased over the “cliff” by the longs in a massive short covering squeeze - just like these bison:
“Head-Smashed-In Buffalo Jump bears witness to a custom practiced by native people of the North American plains for nearly 6000 years. Thanks to their excellent understanding of topography and of bison behavior, they killed bison by chasing them over a precipice and subsequently carving up the carcasses in the camp below.”

I want to be upfront with you. I think Ted and his cohort may prove to be dead wrong, finding themselves in a role reversal falling head-first with the bison and anyone else beguiled by their story. We will return to Ted’s story a little later when we consider the lack of transparency in the silver market and why the circumstantial evidence suggests that Ted and his cohort are dead wrong.

http://fofoa.blogspot.com/2011/05/costatas-silver-open-forum.html