this snippet came from today's gata commentary:

Silver remains explosive. The JP Morgan Chase silver trader must be talking to himself. What do you do when you are basically one only major short and around 150% more short than the available deliverable silver stock on the Comex? One day in the not too distant future, silver is going to pop to $15 in a nanosecond. How does Morgan cover? Who will they buy from?

Technically, a close above $10.50 will complete a sizeable base below $10 and right above it. That close ought to bring in thousands and thousands of new spec longs, longs which have run for the hills the past few months…