There were reports out today that JP Morgan has now admitted to having their massive naked short position in silver and is taking steps to reduce it.
今天外界有报道称JP摩根已经坦白承认拥有大量的白银的裸卖空并且将逐步降低。
NIA estimates that over the past 30 days, JP Morgan has covered approximately 4,000 silver contracts, which has corresponded with about a $4 per ounce upward move in the price of silver.
NIA估计在过去的30天里，JP摩根已经平仓了大约4000份白银合约，这些合约将使白银的价格上涨4美元每盎司。
"I think the silver lining is, we're in the trough of the decline," said Michael Pachter, an analyst at Wedbush Morgan.
“我认为现在的希望是，我们在下降的底部，”Wedbush morgan的分析师Michael Pachter表示。
And then, as Morgan rolled back to his seat, Silver added to me in a confidential whisper that was very flattering, as I thought, "He's quite an honest man, Tom Morgan, on'y stupid."
当摩根退回到他的位子上时，西尔弗很机密地小声向我补充道：“他是个相当诚实的人，汤姆·摩根，只是有点迟钝。” 他的口气在我听来很有股谄媚的味道。
And then, as Morgan rolled back to his seat, Silver added to me in a confidential whisper that was very flattering, as I thought, "He's quite an honest man, Tom Morgan, on'y stupid."
当摩根退回到他的位子上时，西尔弗很机密地小声向我补充道：“他是个相当诚实的人，汤姆·摩根，只是有点迟钝。” 他的口气在我听来很有股谄媚的味道。
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