Not expected considering the extreme level of naked shorting over the past few months and even years, but the Venture Exchange just fell below the important 2,000 level. Always amazing how key levels in specific sectors/exchanges offer major resistance only on the up side but never on the down side.

A quick way to expose how deep rooted naked shorting has become in the commodity exchanges is to compare historic levels to the present. For instance and excluding the market panic of 2008, the last time the Venture Exchange was below the 2,000 level was when gold, silver, and crude oil, traded at $480, $8, and $50, respectively.

Keep in mind too of how much currency printing has occurred since 2005 and then one gets a good idea of just how massively suppressed commodity stocks have become. Correspondingly, one could also assert just how massively infiltrated the supposed regulators have become.

Regards - VHF