Sean from SGTreport.com has released a breaking report with GATA’s Bill Murphy regarding the story we broke earlier Thursday on JP Morgan having extreme difficulties extricating themselves from their massive naked short silver position– which we speculated could be related to the impending resolution of the CFTC’s investigation of silver manipulation.
Bill’s tells Sean that his source in London, one of the wealthiest men in Europe, is telling him that JP Morgan is having a hard time extricating themselves from their silver short position, and that ‘SILVER AND GOLD WILL GO NUTS STARTING AUGUST! BIG, BIG gold and silver moves are coming this August!