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Message: Naked shorting of Canadian PM stocks all part of the game....
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Naked shorting of Canadian PM stocks all part of the game....

posted on Sep 18, 2009 09:35PM

Naked shorting is ust one more tool of the Cartel. There is so much iformaton on it that it is overwhelming...shows you just how effective the Cartel has been suppressing the truth. Most of us have become exhausted discussing it for years and pretty well ignore it knowing that new counter forces are on the global scene which will overpower it by way of physical demand.

If anyone is interested I have sent the following Jim Sinclair letter to the SEC with CC to several Canadian authorities last night with the following addresses:


Dear Chairman Schapiro,

On July 27th 2009, along with the institution of rules for the abolishment of naked short selling, the SEC announced a round table discussion would be held on September 30th dealing with the practice of short selling.

Since then the SEC has requested comment on the above the bid rule as form of reinstating the “Up Tick” rule for short selling.

Since, I cannot attend the round table discussion where I am sure many professors will be presenting papers in favor of naked short selling and short selling by raiders, I would like to have my opinion heard.

1. Naked short selling is still alive and happy because your rules do not yet place pressure on the US broker acting for foreign interests. Stop Canadian naked short selling.

2. Reinstate the “up tick” rule exactly as it is or flash traders will simply make .05 second bids below any point and continue to raid stocks.

Respectfully Submitted,

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