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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (56914)2/24/2008 4:50:06 PM
From: aknahow  Read Replies (1) | Respond to of 78412
 
Dear Al The Vet, an "undisputed fact" and no discussion either, but there is a back office and once you no longer have my borrowed shares , since I sold them, you are going to have to borrow them somewhere else. Only when you fail to do so and become a naked short seller are the shares available for trading increased.

I see the problem. Have you tried reading a book? How about T.V.?

In all seriousness, or at least partly so, one sells short to make money, not to try to prevent the authorized participants from making money.

There are many factors that influence the pog. Would not one selling short GLD be afraid that not only was he incenting the world to buy GLD shares by making them cheaper that the physical metal that Eskom might try to eliminate loadshedding by requiring a mandatory consumption cut of 20% rather than the 10% it has asked for?

Or how about a massive earthquake in a gold producing area in Chile or Indonesia? Or gold being used in catalytic converters or the dollar just doing what it does naturally?

There just have to be better reasons for shorting than some how allowing Wade to make all that money, or was it you and your happy broker?



To: The Vet who wrote (56914)2/24/2008 9:33:23 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 78412
 
Anyone concerned by your comments should contact
streettracksgoldshares@ssga.com
for a comment from them.