surfer843

Jim Cramer's Mad Money - Cox Slow on the Uptick (11/21/08)

laughing...naked short selling. yet another little item on the Cox resume of shame. thru out his tenure, the SEC has turned a blind eye to naked short selling in the precious metals sector. we have companies now with assets valued at pennies on the dollar.....

and there are miners on the verge of going out of business. one of the mining papers reported last week on a small canadian miner shutting off production and literally putting an entire town out of work. Meanwhile, the mine they were working? Several hundred million dollars worth of gold & copper. The stock? Now selling for .27 cents.

There was method to this madness. You can't tell the public that Helicopter Ben's presses are harmless if the canaries in the gold mine are singing their little hearts out.

Jim Cramer's Mad Money - Cox Slow on the Uptick (11/21/08)

the deletion of the uptick rule allowed the decimation of the gold and oil stocks, which helps obscure the rampant printing of new dollars.

by the time the deflation myth proves to be wildly off base, it will be too late for the average investor to protect themselves.

which is what Cox and his friends fully intended >> confiscation of the peasants' carefully horded cash