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Message: Are we being duped?

Are we being duped?

posted on May 08, 2009 01:31PM

Now that the bad guys have a good handle on what we own, can they work their shorting (naked shorting) schemes more to their advantage? Does this allow them to easily cover their counterfeit of our shares that we confess to hold long? Who would know? If our 15 to 20 million shares that are held can be counterfeit traded/sold with impunity it gives them a permissible scope to trade 35 million out of the 35 million free trading...rather than just 15 to 20 million out of the 35 million. Since no one is looking, they can probably even double that.

Lets hope they are not and let's hope they are also hedging long with the expectation that the gig is nearly up with the demise of the $US and long term bonds as interest rates and inflation begin to rear their ugly heads. The short game will soon not be profitable and in many respects it has not been since it has been politically driven...not profit driven.

The 10 and 30 year bond markets are collapsing lately as the auctions struggle. Bernanke has to hold true to his promise of printing and buying up $Trillions of US debt. The equity insiders should be close sold out and the general markets will begin to collapse soon into the summer as the bear market rally fizzles and leaves the suckers holding the bag. The coming pain will be cruel. Look for a DOW of 4000 to 6000 by this fall. Watch the commodities as they are taking off now as investors look for rea value and safety. Watch the real and only currencies of gold and silver move up. GS and JPM are now hedging long gold and silver to counter their massively concentrated short strangle hold of the on the PMs which they cannot deliver on.

Know what you hold.

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