I'm no big fan of this guy, but I try not to let personalities get in the way of facts.

http://market-ticker.org/akcs-www?post=185799

A while back I posted a counter argument to the silver short hypothesis - a suggestion that the market was being manipulated higher, not lower. I had no evidence other than the knowledge that it's easier to manipulate a market in the direction of trend, get everyone on board, then pull the rug. Plenty of examples of this in the junior space - we've all been victims of it at one time or another. But was it even a conspiracy, or just stupid greed? Plenty of that to go around. Or maybe it was just some bank angling to make up losses by spreading a clever rumor about trapped shorts that got picked up (as they knew it would) by the silver community and repeated as gospel? I don't know. Neither does anyone else unless they're a party to the game, in which case they ain't saying much.

Hey, look at that. Another gap down in SLV. To paraphrase Jim Sinclair, 38 on its way to 20. So where are these trapped shorts? Shouldn't they be covering right about now?

ebear

(knowing that you don't know is often the most powerful thing you can know)