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1,284 Posts.
4
21/08/13
17:47
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Agreed with the shorting. Should be a national interest rule with this sort of stuff.
As an example, the recent shorting of the aussie gold sector was a disgrace.
The shorts put money in the pockets of global investors and then the assets are picked up @ fire sale prices by foreign investors.
It becomes a vicious circle and in the mean time Australia's vital resources sector is starved of capital.
Doesn't make much sense really.
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