"But that weekend story about China and its default stance on commodity derivatives may have put a whole new spin on things. If true, then all these silver and gold short positions that the N.Y. bullion banks are holding for Chinese firms, could become like the proverbial "dust in the wind" in a heartbeat. The Commitment of Traders would mean nothing... and all bets would be off. And, as Ted Butler said in a prior paragraph..."The silver [and gold - Ed] price reaction will be violent and disorderly to the upside if the controlling foreign shorts fold their tents and walk away." The mind boggles at the scenario."

Well, with this most recent event, the denial meter will over rev. It is now so clear what is coming that even Jim Sinclair's dog knows what is coming.

So here is just my "wild guess": All the Cdn. brokers/bankers/dealers in league with the four biggie, over-concentrated, death defying silver/gold shorts on Wall St. (yes, even Blackmountie)...who have been decimating our JPMS with obnoxious arrogance for years, especially ECU (subjective), have been and are now positioned for the coming explosion to the upside...in my most shrill opinion. Hence fellow ECU'ers, we are seeing our stock being prostituted for a measely 48 cents. Are your helmuts on, your trenches maintained and your guns cocked and loaded? You may not need them. The enemy may be ready to retreat. The only thing left for a betting man would be the timing of it all.