Monument Mining Ltd V.MMY

Gold Naked Short

[Wayned52]

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 ?

[SilverNS]

Absolute Craziness 

[Gazoo2021]

Food for thought. Last year the meme group said Warren Buffet and Charlie Munger were outdated investors and out of touch with today's reality. Turns out , profits, book value and P E does matter. Warren and Charlie do not invest or support digital currencies. Common sense always prevail, not always in a timely fashion. Everything doubles in value every 10 years  10 years ago gold

[romara]

If Gold was predictable ..... we would have no losers .............   Richard

[Wayned52]

Some people can make a good living playing poker by weighing infomation available and making a predition . But if the dealer ( Fed ) has marked all the face cards and wears special glasses so that only he can see them , like the gold investor ,  the player has no chance .