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Message:: [QUOTE="doug444, post: 1518699, member: 38849"]I think by machines he means computer (algorithms) designed to counter short-term trends, i.e., inflate or suppress the price of PM futures.  This sort of thing is reported daily, here's a typical look:  [caseyresearch.com on August 24] "Late yesterday evening the updated short positions for GLD and SLV were posted on the shortsqueeze.com  Internet site.  The short position in SLV declined by 7.34%...or  1,084,700 shares/ounces.  There are still 13.7 million troy  ounces...426.1 tonnes...required to be deposited in SLV to cover all the  outstanding shares that don't have physical metal backing them. The  short position in GLD shares declined by 15.08%...or 3,279,000 shares,  which equals 327,900 ounces.  GLD is still owed about 1.85 million  ounces of gold...57.45 tonnes...to cover all its outstanding shares sold  short. There was a smallish sales report from the U.S. Mint  yesterday.  They sold another 2,000 ounces of gold eagles, along with  another 100,000 silver eagles.  Month-to-date the mint has sold 23,500  ounces of gold eagles...6,500 one-ounce 24K gold buffaloes...and  2,121,000 silver eagles.  The ratio of silver ounces to gold ounces  sold for the month so far, is just under 71:1..." ========== And I might add that those of you who think GLD and SLV are backed 100% by bullion - you are hopelessly naive.[/QUOTE]