http://www.elitetrader.com/vb/showthread.php?s=&threadid=21451&perpage=6&pagenumber=1 It's fun watching the commercials gradually cover their ~ 400 million ounce short position ... with only 50 or so million ounces in the eligible category ready for delivery.
This "conspiracy" of paper shorts supressing the price of silver just doesn't cut it for me, obviously there are stockpiles of silver elsewhere besides COMEX (yearly use of silver is near 800 million ozs right? Doesn't all go through COMEX). Most of those short paper silver are just bullion producers hedging their physical, but it seems there are quite a few silver bugs out there who have cried foul for years that it's all naked short manipulation.
oops, that post should have gone to the silver thread. umm go HG go! Platinum also flying today. Waggie, you trade HG contracts directly? Or just through equities? Anyone trade PL at all?