Thur Post #2: Is Silver setting up for a massive price explosion at the end of September?

It's interesting to watch the movements of Silver in and out of the COMEX today.

Over the past 4 months there has only been 1 deposit of  deliverable Silver into JP Morgan's eligible vault.

But today JP Morgan announced they had increased their eligible COMEX Silver inventory from 180,247 ounces to 586,381 ounces.  That's a 225% increase overnight!

With the likely announcement of Quantitative Easing 3 by the US Federal Reserve in 2 weeks, Silver observers are wondering if this is a sign that JPM is gearing up for a massive amount of longs actually standing for delivery in September? 

If so Silver may be getting ready for a huge move up at the end of month/beginning of October.

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