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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="fatima, post: 1391239, member: 22143"]We know this. A short or long contract belongs to a named individual, company, or corporation. If said party part puts up the silver for sell on the comdex, then it's expected they have the physical silver to sell, or it's a naked short. Since governments don't speculate on the comdex, then we can also assume that any silver they hold, out of the public's eyes isn't being used for this purpose. They would have to lease it (validates my topic on PM leasing) or there is illegal activity taking place. </p><p><br /></p><p>We are talking about ~7800 US tons of physical silver. To put this much silver into perspective, this is equal to the all the ASE's produced by the US Mint from 1988 - 2010. i.e. 23 years of American Silver Eagle production. it's the same weight as 3,500 Ford F-150s. Yet the Comex has shorts equaling this amount of silver dumped into the market in just a few hours. (assuming the figure above is correct) </p><p><br /></p><p>Unless there is a reasonable explaination such as this amount of silver on some corporate balance sheets, I'd say there is naked shorting taking place.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1391239, member: 22143"]We know this. A short or long contract belongs to a named individual, company, or corporation. If said party part puts up the silver for sell on the comdex, then it's expected they have the physical silver to sell, or it's a naked short. Since governments don't speculate on the comdex, then we can also assume that any silver they hold, out of the public's eyes isn't being used for this purpose. They would have to lease it (validates my topic on PM leasing) or there is illegal activity taking place. We are talking about ~7800 US tons of physical silver. To put this much silver into perspective, this is equal to the all the ASE's produced by the US Mint from 1988 - 2010. i.e. 23 years of American Silver Eagle production. it's the same weight as 3,500 Ford F-150s. Yet the Comex has shorts equaling this amount of silver dumped into the market in just a few hours. (assuming the figure above is correct) Unless there is a reasonable explaination such as this amount of silver on some corporate balance sheets, I'd say there is naked shorting taking place.[/QUOTE]
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