2010-12-12silverseek.com

``It is worth noting that in 1995 and 1996, Sumitomo’s total accumulated long position was approximately 10% of total global production of copper, which was deemed egregious and a threat to global futures markets. Today, the net short position of the 4 largest traders in silver represents over twice that level of concentration. If this position does not meet the criteria of "large and dominating" attributed to the Sumitomo copper position, I don’t know what would.''



Comments: Be the first to add a comment

add a comment | go to forum thread