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Message:: [QUOTE="InfleXion, post: 1447511, member: 29012"]I was just pointing out how they are obviously doing naked shorting and that the law is not (yet) being enforced. This particular event does not necessarily have anything to do with metals, but I would point out that JPM is the steward of the silver in the SLV, which is a derivative. In its own prospectus it says the value is based on the amount of silver in the vaults, not the price of silver. Yet people buy and sell it as though it were silver, detracting from the actual market which is not a true reflection of supply and demand when its volume is being redirected. So it does hit close to home, even if there is no direct correlation. I was not intending to make that case however.  Regarding options and futures, can they not sell short a bunch of silver for delivery on a future date? This has an immediate 'sell' effect in the market, yet there need not be any buyer until the future date reaches fruition. They can perpetually push them out to a future date without ever having a buyer. I believe this will come to an end in 2013 when position limits are enforced for all months. Currently the CFTC is in the process of enforcing them for the "spot" month which is only the current month. I would add this is almost solely due to over 30 years of tireless efforts by Ted Butler.[/QUOTE]