Seeking Alpha

bbzz24 » Comments » AEM

  • What the Fed's Latest Decision Means for Investors [View article]
    you are pointing our attention to the engine of the car. but what about the handbrakes?!?!
    1. the SEC has banned short selling in 19 banks by creating bottlenecks at the securities lending side.
    2. the CFTC has already identified one speculator!!! needless to say this is a dutch company with no political clout that actually has been shorting oil more often than going long. at the same time SemGroup was allowed to accumulate short position equal to 5,000 days of their own production (1.1 days of global consumption). they are not deemed speculators.

    the government is actively engaging now in dictating economic behavior a-la USSR style. i guess they can ban trading in precious metals as well before you even realize...
    Aug 06 09:33 am |Rating: 0 0 |Link to Comment
More on AEM by bbzz24
bbzz24's
Comments Stats
250 comments
Rating: 2 (11 - 9 )