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algreeny
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>Defeat of Position Limits Direct Threat to Precious Metals Potential  - James West - Midas Letter
There is nothing to prevent Uncle Sam from being a client of any of the mentioned trading agencies.
Thus the entire hoard (the unnecessary to audit hoard) is available to short. So, technically speaking, they do "have it" and can write and sell short. Please correct me if I'm wrong on this...


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Beginning of the headline : I can’t say as I’m surprised by the announcement late Friday that lobbyists representing JP Morgan, Goldman Sachs, and Morgan Stanley, among others, had successfully obtained a judgement quashing the proposed position limits on speculative traders in commodities. According to Bloomberg: “U... Read More
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