What if the House of John Pierpont Morgan went to the other side of silver? They currently sit short on 3.3 billion ounces of silver. It would not be out of the question for them to change position, as it is common knowledge that silver is a wise investment. JPM is already long copper, and most likely oil. Silver is a rational, and the reasonable choice for the major bank as it diversifies itself away from government paper.
If the proxy Private Dealers continue to buy paper like it is going out of style then it will be because the people of America let them. That would be a sad year. The Private Dealers have only to let go of the ponzi government paper scheme and the wheels would fall off the economy. If they move their trade, it will be like them doing a barrel role out of a moving car.
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