A King World News contact out of London has confirmed that, “Massive Asian buying is going to squeeze the shorts in the silver market. Any reactions in the price of silver will be heavily purchased, and these buyers will take delivery of physical silver.” The source who wishes to remain anonymous agreed with Eric Sprott that this squeeze could take the price of silver to $50 in a matter of months.Here is the link - I recommend bookmarking this site: LINK
My take: I have been wondering for the better part of 9 years when a big fund/funds/foreign central bank might take a shot at squeezing the living hell out of JP Morgan's absurd paper silver short and the U.S. Governement's absurd short position in gold (via leasing and its "fractional" bullion system - see Rome for verification that the "fractional" method of bulliion ownership/lending has been in place for thousands of years).
Is the Big Squeeze finally coming. All I can say is that we'll know when when we know and that I would not want to be short any part of the precious metals market when the Big Squeeze arrives.