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To: logi_cal869; Mase; 1rudeboy; expat_panama
This manipulation by the Fed involves the short-selling of uncovered Comex gold futures. “Uncovered” means that these are contracts that are sold without any underlying physical gold to deliver if the buyer on the other side decides to ask for delivery. This is also known as “naked short selling.”

Wrong. Naked short selling is when you sell shares of stock, without first borrowing them or arranging to borrow them.

It has never been associated with futures contracts.

It's good to see that Paul Craig Robert's hasn't changed, still crazy.

15 posted on 01/18/2014 6:50:22 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

OH, jeepers. Paul Craig Roberts? Do I have to go read it now? Is there a section about how Bush brought down the Twin Towers?


17 posted on 01/18/2014 6:52:24 PM PST by 1rudeboy
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To: Toddsterpatriot
I see our buddy PCR is writing for the Institute of Political Economy now. I wonder what happened to his position of sowing fear at Economic Alert.org. Maybe his brand of crazy was too crazy even for them.
27 posted on 01/18/2014 8:49:21 PM PST by Mase (Save me from the people who would save me from myself!)
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