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<p>[QUOTE=&quot;Cloudsweeper99, post: 1284668, member: 3011&quot;]Although people tend to believe the shorts are naked when this might not be the case.&nbsp; Take JPM for example.&nbsp; They are held up as a naked short and market manipulator.&nbsp; But one of their clients is the government of China which is said to have large silver reserves.&nbsp; So maybe JPM is just basis trading for a large client and isn&#039;t a naked short at all.&nbsp; There is no way to tell, but it would be dangerous to assume either cash without more evidence.[/QUOTE]</p><p><br /></p>

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