Just read this article. A bit confusing for the non financially savvy but in simple terms – JP morgan has made an enormous bet on silver pricing to eventually go down. If they were to lose this bet by silver prices to rise – potentially through a massive buy-up of silver by millions of people – their losses would be so huge as to bankrupt them instantly beyond repair. So deep that even a bailout would serve only to intensify the situation by driving silver prices even higher.
Really? Yes, Really.