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<p>[QUOTE=&quot;cladking, post: 25738542, member: 68&quot;]My understanding is that they are still short and their losses unlimited. </p><p><br /></p><p>These banks also, I believe, practice &quot;reserve banking&quot; with physical silver.&nbsp; They sell the same bar to many customers, charge a fee to dust it, and then protect their interests in the futures market.&nbsp; In other words they not only have to get out of their shorts to limit their exposure to losses but then they have to buy silver at far higher prices or get sued by their customers who think they own silver.&nbsp; Some have suggested a single bar of silver might have as many as 100 owners and the bank that does this might be short millions of ounces.&nbsp; </p><p><br /></p><p>One bank that did this transferred the little metal they had to another company as they went bankrupt.&nbsp; The shenanigans going on now days are scary.[/QUOTE]</p><p><br /></p>

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