I think that there was an interview on King world news about this... big Asian funds are buying the dips and demanding delivery on the silver. So JPM is potentially screwed if this is the case because the silver market is so small.
Don't forget that JPM also bought a bunch of copper so that might be a hedge for them.
SFMI is so under the radar still, so we'll just have to wait till they do. I agree that in 18 months we should be close to $3. I'll wait and I expect that it will get easier to wait as we learn more. Now where is that news???