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<p>[QUOTE=&quot;Rono, post: 771405, member: 6492&quot;]Hi folks,</p><p>&nbsp;</p><p>Happy Holidays!</p><p>&nbsp;</p><p>Yeah, from everything I&#039;ve read, JPM is possibly the largest short side position in silver.&nbsp; It&#039;s also pretty common knowledge that there is more paper silver floating around than available metal.&nbsp; </p><p>&nbsp;</p><p>Silver&#039;s a thin market and there is such enormous industrial demand that the paper silver tiger is going to get broken like a bloody pinata.&nbsp; Us peons hardly have to buy COMEX contracts and demand delivery - the big boys will take care of that for us.&nbsp; We just have to make sure we&#039;re positioned right when that sucker bursts so we can scoop up the goodies. </p><p>&nbsp;</p><p>I see much higher prices for both gold and silver, but more profit potential with silver.&nbsp;&nbsp; In the last bull market, gold topped out at $850 in 1980 and silver at $50.&nbsp; Those highs represented a, what, 2-3 fold increase for gold, but a TEN FOLD increase for silver.</p><p>&nbsp;</p><p>And I agree that we&#039;ll probably never see 20 to 1 again.&nbsp; However, we could easily see 30-40 to 1 and from the current 63 to 1, that would represent a tidy payoff.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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