JP Morgan is taking up a bigger long position in copper. A large...

JP Morgan is taking up a bigger long position in copper. A large by-product of copper is silver. Is JP Morgan starting to hedge against their vast short positions on silver? Are they feeling the heat and thinking about closing their silver shorts? If so this will trigger a MASSIVE run on silver (long overdue?). Depending on who you listen to, JP Morgan have 300 million to 3 billion ounces of silver in short positions. Gets costly for them for every dollar silver rises. Could well be JP Morgan will start closing their silver short positions and try to get these losses back by increasing copper prices, i.e silver by-product which will be more lucrative after shorts closed. Any sign of JP Morgan closing their shorts will trigger a significant run on silver. It is thought that the Asian market is a large player in the silver spot price rise and one reason being to specifically target JP Morgan. Let's see what happens? All very interesting.

Silver spot closing on $ 30 an ounce again. Would love to see it charge through 30 and never look back.