I have a theory. First does anyone really know how many silver ounces are short on the COMEX? Are we suppose to trust published figures? I would phantom to think that there are so many silver ounces sold short that it is basically impossible to cover them all at under $30 an ounce.

Is there a real silver shortage? It wasn't too long ago that silver was rallying strongly and hit $21 an ounce. It was also a time that American citizens couldn't buy all they wanted because of a silver bar and silver coin shortage at the local dealers. Of course, it was reported at the time there was more than enough silver around but, in fact, there was not for the buyers. That sounds like a shortage to me. Even the U.S. Mint couldn't supply what people wanted.

If you were short silver and had this supposed problem, wouldn't it be a good idea to buy properties that held silver as insurance. Well, since the dark element exists with so many silver shorts and evidently as stated by Mr. Morgan that the commodity exchange rules favor the shorts over the longs, would it too much to say that the dark element is in the natural resource sector depressing it as well to turn people off to silver? Or could you say that pools exist to depress silver companies that hold in-the-ground silver for buying these shares real cheap now or later as a possible cover for their scared silver shorts buddies who don't know where all the silver will have to eventually come from?

Just look at the supposed pressure to have Warren Buffett let go of his silver hoard by these deperate people when the first silver ETF(SLV-NYSE) was offered. If Warren hadn't of sold off his silver where do you believe all the silver would have come from? I'll tell you, at much higher prices.

Why do you think Canadian and U.S. officials have let the investment banks and the hedge funds sell precious metal oriented company merchandise to buyers on exchanges that does not exist?

The whole thing is a big conspiracy to save the funny money machine of fiat currencies. Unfortunately, SNS is a victim that has been effected in this most historically disgraceful performance by regulators.

"You can't sell what you don't have." My broker won't let me sell stock unless it is in their custody. What if you make a sale on eBay, take the money and don't deliver the goods? Well I'll tell you what happens, eventually in the US the postal and local police police get involved and hunt down the fraudulent seller. Will the naked short selling mescreants ever be hunted down???

SNS has been methodically pounded by the dark side of the market and only time will tell when bottom hits. Actually, watching the stock erode is quite surprising to me with silver at over $19 and looking to move higher.

In conclusion, I see what has happened to many silver resource stocks as being the same as a Wells Fargo stagecoach holdup with the poor passengers having to turn over their valuables. Will it end? You tell me. Where's the Sheriff? Where's Robin Hood?