Agoracom: Small Cap Investment - Golden Minerals Company - Ted Butler on short covering by JP Morgan

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Ted Butler on short covering by JP Morgan

posted on Aug 09, 2010 07:05AM

Very interesting numbers. They have covered 39000 short silver contracts over the last weeks and have only 26000 contracts to go.

Ofcourse you can ask yourself if JP Morgan didn't find a way out of concentration by spreading its short interest over a number of affiliated intermediaries.

http://kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/8/7_Ted_Butler_on_the_Metals_Market.html

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