there were reports out today that jp morgan has now admitted to having their massive naked short position in silver and is taking steps to reduce it.
今天外界有报道称jp摩根已经坦白承认拥有大量的白银的裸卖空并且将逐步降低。
major wall street firms routinely engage in naked short selling on a massive scale, though we cannot measure it, because of the way they account for it.
marketmakers, who are responsible for providing liquidity in trading situations, must often take naked short positions when there is more demand for a stock than supply.