Yeah, I think we rally into mid-January. After that, we may get another correction like we did in November.

I don't know anything about what JPM is doing - I suspect the information we are getting is incomplete. For all I know, they have hedges on everything and they are not truly short on silver or anything else. I'm sure they have some very good TA guys on staff, so perhaps things are not quite as they seem. There's even a possibility they have a large derivative long silver position that outweighs their public short position. Maybe we are all just being suckered in. Just a thought......