stop the banks selling gold and silver on paper iou and naked short selling

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stop the banks selling gold and silver on paper iou and naked short selling

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The selling of gold and silver should be in a free market. Banks are naked short selling gold and silver (selling it when they don`t own it to sell) and also are selling it on paper with ious, thereby making the price of these metals artificially low. How can you sell something that you don`t even own? This needs to be stopped and therby allow these metals to attain their true value, which in todays economic climate is much higher than their spot prices.

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