Naked Shorting in The Mining Sector
Source: http://feeds.feedburner.com/~r/YourFinancialFuture/~3/319936704/Posted on Wednesday, June 25th, 2008 | In Current Market News, Gold Markets
We have heard alot of discussion lately in regards to why the miners could possibly be doing so horribly, when history has shown us that mining stocks should be skyrocketing given the last 8 year bull run in precious metals.
Two words: Naked Shorting
Jim Sinclair has created a movement lately asking to enlist over 200,000 investors, and thousands of mining companies, to put a stop to the criminal activity of Naked Shorting that literally steals money from investors. You can see more information on Jim Sinclairs initiative here.
One of the best detailed audio explanations of how Naked Shorting works, listen to this audio program.
Hopefully when this all starts coming to light, the brokers who have engaged in this criminal activity will be spending a long time in a cold cell with a large room-mate named Bubba who finds ex-stock brokers attractive.
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Audio Explanations, Bull Run, Current Market News, Gold Markets, Initiative, investors, jim sinclair, Jim Sinclairs, Long Time, Miners, mining companies, Mining Stocks, money, Naked Shorting, Precious Metals, Room Mate, Stock Brokers
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
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