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<p>[QUOTE=&quot;desertgem, post: 1923871, member: 15199&quot;]No, naked short selling is selling actual or faked shares one doesn&#039;t possess or&nbsp; using the allowable time between selling and delivery to buy it back at lower prices making money or not being able to do so and face financial and legal penalties. If it was perfectly easy to do and escape consequences, everyone would do it. I would do it if legal!</p><p><br /></p><p>The futures market for commodities is more like the stock<b> option </b>market, which is nominally paper based, but is balanced, as the number of sell (put) options are balanced by the same number of buy ( call) options. If the future contract has not been paid as a &#039;deliver&#039; contract, no physical metal changes hand. A &#039;deliver&#039; contract is bought or sold at the amount X spot cost plus fees, so yes, someone could sell a huge amount of &#039;deliver&#039; contracts, but someone else would have to buy such contracts,&nbsp; and there should be no effect. However if the popular press reports it as a massive selling of silver ( and not mentioning there was an offsetting massive buy) it appears different than it is. Yes, an accredited future trader could do illegal things, but again the penalties. </p><p><br /></p><p>To understand the futures market, you can not just go by this, you need to have a feed that shows all of the future contracts and the exchange.&nbsp; But many just believe their side of the story and only see BUYs or only SELLs. That makes them suckers either way. IMO[/QUOTE]</p><p><br /></p>

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