The following was an excerpt from Ed Steers of Casey Research that I received this morning. Most of us do feel that gold/silver is manipulated in some way, shape or form. Thought you might find the following of interest........cheers.....hopefully the shorts will someday get what they deserve! (Now did a nice frog say that?!)

"The Commitment of Traders report was another bummer... especially in silver. The net short position in silver increased a very unhealthy 4,356 contracts... and the net short position is now up to 61,746 contracts, which translates into 308.7 million ounces of silver. All of it [and more] is held by '4 or less' bullion banks... with the lion's share held by JPMorgan. In gold, the bullion banks increased their net short position by another 3,937 contracts... bringing the net short position held by the bullion banks to 28.3 million ounces... of which about 21.1 million ounces of that is held by 'four or less' traders. It's easy to see that the four major bullion banks can do as they wish with the prices of both metals... and they do. That's why Ted Butler is up in arms about position limits and phony trading exemptions."