AYN 0.00% 0.1¢ alcyone resources ltd

Hi Bigmac,The short selling I talk about is like last year in...

  1. 1,686 Posts.
    Hi Bigmac,

    The short selling I talk about is like last year in May 1.2 Billion ounces of paper silver was sold into the market.

    That volume is not physically available and thus they don't own to sell.
    Naked short selling, very different from just short selling.

    Annual global production is around 900 million ounces of which the majority is used production and the comex has roughly 40 million of physical (from memory).

    If JP fall, so will the markets and a massive gap between physical and market gold and silver will arise.

    Good luck to all holders!
 
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