Silver prices have fallen enough that Commercial Investors can profit on redemption of the short position they began building in late April. The only thing standing in thier way is finding willing investors to short silver at this point so they can go long and retire their short positions. Further silver price declines from 14.33 oz would allow a further unwinding of Commercial Investors Short position. The Commercial investors hold shorts (minus their longs) of 228Million ounces, twice the available silver in COMEX inventories. Total outstanding contracts of 85,000 puts 425 Moz of silver under contract with COMEX inventories of 118 Moz of which only 54Moz is considered "Eligible"