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<p>[QUOTE=&quot;Cloudsweeper99, post: 1316684, member: 3011&quot;]In the first place, I think you are overly paranoid about communism.&nbsp; And nobody said anything about market manipulation.&nbsp; If China wanted to basis trade their silver, it is natural they would want to do it on a large and liquid exchange.&nbsp; Basis trading is not manipulation, and it would almost be negligent for a large bullion holder not to do it.&nbsp; So China would need someone to execute this sort of investment program for them, and JPM is a natural.&nbsp; </p><p><br /></p><p>In the second place, I didn&#039;t say the basis trading was for China.&nbsp; I just threw that out there in parentheses with a question mark because they are a large silver holder.&nbsp; In point of fact, any large holder or group of large holders may want to do this, and JPM is one of the largest institutions in this market so it is natural to go to them. So if you don&#039;t like the China possibility, then that&#039;s okay because it was only meant to be an example.</p><p><br /></p><p>And in the third place, it is the folks making wild claims about naked shorting and market manipulation by JPM that have the burden of proof.&nbsp; All I am saying is that the most probable case is that this is normal legal trading.&nbsp; A large bank like JPM isn&#039;t going to risk letting a small group of people destroy the organization, and it is naive for you and others to believe so.[/QUOTE]</p><p><br /></p>

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