Recent reports are that JPM bought over 50% of the physical copper on the London metal exchange. London curently has 349,450 tonnes of copper, so 50% is 174,725 tonnes which is 385,268,625 lbs. At $4.10/lb copper, that is $1.58 billion U.S. dollars. Last I recall, it was estimated that JPM held 30,000 silver contracts net short on the COMEX. That is 150,000,000 ounces which at $28 silver is $4.2 billion. So their silver short is 2.65 times larger than their copper long. Then there are the silver derivatives which between JPM and HSBC are about $60 billion. In 2008 when the system imploded, we were led to believe that everyone sold silver and bought bonds. It appears that JPM was there to help push silver down. Now the system is imploding and everyone is selling bonds. Not only that, but JPM has Bart Chilton breathing down their necks. I looked at a logorithmic chart of silver and drawing a channel parallel to the $9 low in 2008 and the $21 high before that crash, puts the top of the channel at $60 at this time. Maybe I am dreaming, but silver has more than tripled from the 2008 low of $9, and $60 is only a double from here.