From Ed Steer of Dec.31 re silver:

"The short/issuers of note were Canada's Bank of Nova Scotia with 368 contracts---but the big kahuna was JPMorgan, with 651 contracts out of its client account!"

Note that JPM is not using it's own but it's clients silver.
So should silver go up to stay they will cover? I doubt it.
As with the US government in the 30s confiscating gold, these banksters are using paper
metals to divest it's clients now.
Why? I think because they must know that the government will be forced to save the banksters at the peril of investors.
I would remove my hold and close accounts with them.