Gold-Silver-Coin

To Answer Ted’s Question: Yes, It’s Showdown Time

From Ted Butler’s June 2nd Commentary:

The concentrated short position in silver is larger than any other commodity in history. Four COMEX traders hold a short position of more than 235 million ounces. That’s equal to 35% of world mine production. It’s equal to 43% of all the visible silver bullion in the world. It’s also equal to 70% of the entire COMEX futures market, once all spreads are removed from open interest. This concentrated short position represents a clear and present danger to market stability. It is inherently manipulative to price, in and of itself. It’s contrary to what established and prospective regulation stand for.

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