As of September 29, the COMEX commercials are net short 275,234 gold contracts (27,523,400 ounces) and 64,106 silver contracts (320,530,000 ounces). Since September 1, the gold price has advanced $96 and the silver price has advanced $3.12. This means the commercial shorts have loss $3.642 billion since September 1. They are losing $27.5 million for every dollar gold advances and $321 million for every dollar silver advances. How many shorts these guys have over the counter is any ones guess, but I have heard it said that the over the counter market is 10 times larger than COMEX. If Germany wants its 3000 tons of gold back and the above the law suits at JP Morgan and freinds have sold it, they are going to get convicted guilty via their bank accounts even though the U.S. SEC and CTFC can't find water in Hawaii.