Evidence of manipulation...
May be easier to find in the Silver market, where 85% of the shorts are held by only 4 traders, and over HALF of that may be a single trader.
Ted Butler says:
'The 4 or less largest traders are now net short the equivalent of 187,625,000 ounces, or 37,525 futures contracts, an incredible 86% of the total net commercial short position. This is the highest percentage in history. Mathematically, this means that the 4 or less short traders also hold the offsetting and reciprocal 86% of the total net long position in the combined non-commercial plus the non-reportable categories. Please think about that. What it means is that 4 or less large traders are net short what many thousands of public participants hold net long. Literally, 4 traders short against the world. Or, perhaps more accurately, one main short against the world, with the other 3 traders in this reporting category holding much more modest net short positions more in line to those traders in the 5 through 8 largest trader group'
Who is the Big Silver Short?
The search is on. Have a look at these postings on GEI:
http://www.greenenergyinvestors.com/index.php?showtopic=497
