Retail chum for the sharks Nice article here.
https://www.rollingstone.com/politics/blogs/taibblog/accidentally-released-and-incredibly-embarrassing-documents-show-how-goldman-et-al-engaged-in-naked-short-selling-20120515
Don't think for a second that (at some point) VIT hasn't or wasn't being naked shorted down over the past 2 years. Guaranteed the Sharks are using this tactic to devour the retail money all the way DOWN DOWN DOWN.
Don't forget that when THEY have a blank check book as far as Gold futures market goes, THEY can sell as much paper gold as THEY want for as cheap as THEY want. (ie Selling more paper gold than the real amount of physical gold). This combined with the naked shorting of retail's beloved resource stocks and they have the perfect scenario to suck out every last dollar all the way to the bottom. THEY need to do this to stave off insolvancy. Ph u ck the clients-- it's anything for a profit and preferably at the client's expense.
Only after this dust is settled when THEY have recapitalised the best assets into the hands that THEY want-- for as cheap as possible, will they allow the golds to run. Many companies won't survive...
VIT has enough cash to survive for a number of years (I hope). But not enough to make it to production, making it highly vunerable to this shark feedind fernzy.
Nice suckers rally in the morning and then it's DOWN DOWN DOWN. See you at
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