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<p>[QUOTE=&quot;desertgem, post: 1473620, member: 15199&quot;]The question that you should be asking, is how many contracts JPM still have short as they do expire. JPM has not been known as a long term holder of futures. If they got them in 2008 and we don&#039;t know their expiration nor exactly how many have already expired or covered during the intervening time, there may no foundation to this rumor that mainly is perpetuated by bullion sites. If you wanted to buy the farthest expiration date now in June , 2012, you could get futures out to Dec, 2016. There are some specialty brokers who might offer longer expiration, but I doubt Morgsan Stanley would have gone to them. The majority of those futures most likely have expired or settled, or if JPM still believed in them , they may have rolled them over as the months go by, but that is perfectly legal. IMO.[/QUOTE]</p><p><br /></p>

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