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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

This is Why I Don’t Short Anything Anymore - Wolf Richter -

Well Keith,I've read your reply a couple of times and really I simply think that you do not know what you are talking about.
When I short shares I do not want them to go to Zero...if they are worth nothing then they are worth nothing so therefore nobody will be buying or selling them.
Plus...Get this...there is no shortage of supply in the gold and silver markets. Never has been and never will be.

Ive been in this game for 40 odd years and I can tell you that if you can last that long making profits it has nothing to do with luck.
It has to do with knowing what and when to trade and that includes (among many other things) borrowing shares and shorting.

Markets go up and down and any time someone buys and or sells it affects the market.
Methinks you are caught up in all the so called manipulation RUBBISH, and using that as some sort of excuse for losses you have made,but I sincerely hope that is not the case.

Commented 2964 days ago

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Beginning of the headline :The moment of maximum pain. Goldman Sachs called for the end of the epic short-covering rally that had whipped crude oil, oil & gas drillers, and the broader markets into froth over the past three weeks. As if on cue, the rally started to unwind today. But it was scheduled for demise from get-go. When oil fundamentals are this terrible, they eventually rule. And here is what that rally did: It inflicted maximum pain and destruction on the short sellers that had piled into the trade. Last week wa... Read More

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