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<p>[QUOTE=&quot;desertgem, post: 2141102, member: 15199&quot;]J P Morgan is a principal and manager of the SLV silver trust. Putting silver into the depository increases their holdings. Much is probably used to reduce their previous short holdings , which a little while ago the Bullion dealers/newletters, etc. were saying was evidence silver was going to &#039;GTTM&#039;. Now they are using this to indicate similar GTTM. For JPM to increase their shares of SLV, they put silver in and claim shares. With shares they can short or go long or straddle. Sure they can control the direction silver is going more than a few stackers and bullion sellers, but they can because they use money to make money to buy silver whether we like it or not.[/QUOTE]</p><p><br /></p>

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