Gold Naked Short It`s easy to look up naked shorting of gold , How it`s illegal and how it`s encouraged by the US Fed Bank . Carried out by a selected handful of investment banks including Bank of Nova Scotia .
As long as this practice is allowed to continue we will never realize our potential at MMY or any other miner . The world has never been in a position more favourable to gold and PMs but we go nowhere . Not hard to understand when more gold futures can be shorted on the day then contracts that exist . And virtually no risk to the shorter . No matter what the situation there is always an opportunity to naked short gold and do well ... How has this been allowed to continue for this long ?