JPM and silver (hearsay and speculation)

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Murphy’s source also states that JP Morgan’s CIO derivatives losses are actually tied to the Bear Stearns short silver positions JPM inherited from the Fed in 2008, and that the LIBOR scandal will soon engulf JP Morgan in a SILVER MANIPULATION scandal- likely when the CFTC releases their findings on their silver manipulation in the next 30-60 days!
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The bottom line here: my well informed source tells me that the Jamie Dimon lament is about a derivatives problem that also involves the silver position JPM took over for the Fed when Bear Stearns went belly up. I hope to have more particulars on this declaration in the near future. The main point is that JPM has some serious issues with their present short silver position and is having difficulty extricating itself from that position. Whether it has to do with coming up with a large amount of borrowed physical silver, I am not sure. We will stay on the case and report on any new developments.
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bushi said:

...I wouldn't be to surprised, if we witness another attack(s) on silver instead, why the hell not - if "your shorts are not in order", well, you double down on them - sounds familiar in JPM's case, no?

EDIT: time to play volatility in silver using that "saddle" technique in options, that Swissaustrian have described?? It seems that either they win, and silver goes significantly down, or they loose, and silver goes significantly up.
http://www.pmbug.com/forum/f3/how-trade-silver-volatility-using-options-343/

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