http://news.silverseek.com/SilverSeek/1277129806.php

The entire article is worth reading but the following paras extracted from the article are interesting as is the mention that he thinks the law suit against JP Morgan is still pending. I have been travelling for the last few weeks and thought that JP Morgan may have bought off the lawsuit.

"There is a good reason why the CFTC is hiding behind the ongoing silver investigation, instead of addressing what’s on the public’s mind. There is a good reason why Chairman Gary Gensler has never acknowledged the thousands of comments he’s received on this issue. There is a good reason why even Commissioner Bart Chilton, who has an opinion on everything else, won’t say what he thinks the specific level of position limits in silver should be. There is a good reason why Jamie Dimon dare not acknowledge that JPMorgan is short silver, no less why his bank is short such obscene quantities. There is a good reason why the cat has the COMEX’s and everyone else’s tongues.

The reason is simple – no one wants to be the one who sets off silver. They all know just how severe the silver manipulation problem has become. They think if they don’t say anything at all, they won’t be blamed for it. They are postponing dealing with a problem they know is going to reflect badly on them. Whoever speaks first loses. But the big concentrated short position in silver is not going away without price fireworks. If it could have been made to go away, it would have gone away by now. It would not have remained intact and grown more concentrated. If there was any other way, it would have happened, for no other reason than to silence the critics. It is this set-up that presents the investment opportunity of a lifetime.

The key here is that the silver manipulation is an active manipulation. That makes it different than any previous manipulation in history. Of course, those previous manipulations were active at one time, but no one, save the manipulators knew about it until the manipulations were terminated. What makes the silver manipulation different it that you are being informed of it while it is still active. You are being given the opportunity to take advantage of an unprecedented active manipulation. Because this silver manipulation is a very rare manipulation to the downside in price, the way to take advantage of it is as simple as chewing gum. All you have to do is to buy as much silver as you can before the manipulation is terminated and the price explodes."

"Finally, there are still credible whispers of a pending major silver lawsuit. No one knows what market impact such a suit, if it is filed, may have. We have no experience with a lawsuit being filed in an active manipulation. Given the unprecedented circumstances of the active silver manipulation, my sense is that the market impact of a silver lawsuit could be greater than many would expect. There’s no way of knowing exactly when or what will be the specific trigger that ends the manipulation and sets off the price of silver. Just know that the manipulation will be ended and the price will be set off."