Naked selling allows an unlimited number of contracts to be sold short.
There are no COMEX (Commodities Exchange NY) limits on speculative positions except in the current spot delivery month.
A “naked silver short” is “squeezed” when a large number of silver buyers do not want paper profits, but instead wish to “take delivery” of their commodity futures contracts.
Source: http://www.youshouldbuygold.com/2011/12/what-is-a-naked-silver-short-squeeze/
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