Think 2011 will be the Year that Silver Busts JP Morgan ?

[gunDriller]

Or will JPMorgan's new Copper Long position be enough to offset their silver losses ?

Personally I'm amazed at how long they can keep it up. it makes me wonder if the US government has a conduit of unlimited money printing going to JPMorgan to finance their currency manipulation activities.

I expected JPMorgan to go belly up in 2010 ... and they didn't.

Maybe they will just keep on being like Houdini and finding ways to escape from the corner they've painted themselves into.

the article that got me thinking about it -

http://www.financialsense.com/contributors/ryan-jordan/the-silver-shock

"For example, as John Galbraith remarked, it was always taken as an insult that Jesus was betrayed for 30 pieces of silver and not three pieces of gold."

interesting tidbits from the History of The Dog.

[1970 silver art]

JPMorgan's balls will not get busted (nor stabbed) in 2011. Why? Because they are JPMorgan. However, I think that the DOG will continue its run and it will continue to overcome JPMorgan's naked short attempts to keep it down.

[Quixote2]

JP Moron will not be busted with their silver shorts. They will make money by hedging. When they sell a silver short at CRIMEX any that expire worthless is profit. Any in the money, they receive the buyers price and the increase over the contract price is covered by the hedged SLV option that they bought at the same time with a guaranteed profit at the time of the two trades. JP Moron, despite their name, is not hanging out there with any monetary risk. The futures markets are usually in contango with the future prices greater than the current market price, the difference is the interest the buyer is offering to pay for future delivery. If you offer to pay an obscene interest, the bank is there ready to accommodate you. The bank plays as the house and always wins by placing two wagers.