RE: OMG! Seinfeld has lost control in his Shorts "Seinfeld, if the SHORTS have established a position, and then they increase their short position, that is a decision they have made, and are in control of. Whether it is a good decision cannot be determined until a later date. If you have lost control in your shorts, we all know that is bad."
LOL!
If I might add Mr Baker, these are 'paper' shorts.....they are merely a floating abstract based on the actual physical metal itself. 'They' can press the market as much as they feel necessary, with apparent impunity, without having to deal with the strict position limits that govern every other commodity on the planet; without having to face delivery notices for the metal. They can get away with it for now, but at some point increasing physical demand is going overwhelm dwindling supply and force the Comex to enforce its own position limit rules, forcing these crooks to run for cover. Why are these position limits not being enforced in gold and silver?.......where are the regulating bodies?
Back in the day when the Hunt Brother's attempted to corner the Silver market by hoarding 25% of the market, the regulating bodies hung them out to dry. Today the big four Commercial's (JPM and co) are short an astounding 44% of the entire Comex futures market in silver!!!!!
Free market's? What........where?