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Bitcoin Atom Price Changed by -17.04 percent
As at 2019-05-30 average Bitcoin Atom price is 0.27350466 USD, 0.00003143 BTC, 0.00100591 ETH.
It’s noteworthy that is issued into circulation Bitcoin Atom.
In this regard, 24 hour trading volume is 214.01249054 USD or 0.02459341 BTC. At the same time Bitcoin Atom market capitalization is 5037663 USD or $578 BTC.
Bitcoin Atom BCA/BTC on CryptoBridge exchange is 0.17. The trading volume on CryptoBridge is 101.76.
Bitcoin Atom average change within 24 hour is -17.04 against USD, -16.76 against BTC, -18.59 against ETH. Weekly report: 36.67 against USD, 26.53 against BTC, 31.31 against ETH. Monthly report: 138.84 against USD, 44.77 against BTC, 38.62 against ETH.
https://icobrothers.media/2019/05/30/bitcoin-atom-price-changed-by-17-04-percent/
BCA BITCOIN ATOM DD About Bitcoin Atom
Bitcoin Atom (BCA) is a cryptocurrency. Users are able to generate BCA through the process of mining. Bitcoin Atom has a current supply of 21,000,000 BCA with 18,418,931 BCA in circulation. The last known price of Bitcoin Atom is $0.209733 USD and is up 19.33% over the last 24 hours. It is currently trading on 6 active market(s) with $933 USD traded over the last 24 hours. More information can be found at https://bitcoinatom.io/
BCA BITCOIN ATOM DD About Bitcoin Atom
Bitcoin Atom (BCA) is a cryptocurrency. Users are able to generate BCA through the process of mining. Bitcoin Atom has a current supply of 21,000,000 BCA with 18,418,931 BCA in circulation. The last known price of Bitcoin Atom is $0.209733 USD and is up 19.33% over the last 24 hours. It is currently trading on 6 active market(s) with $933 USD traded over the last 24 hours. More information can be found at https://bitcoinatom.io/
$0.209733 USD (19.33%)
0.00002539 BTC (25.87%)
Share
Watch
SPONSORED
Market Cap
$3,863,054 USD
468 BTC
Volume (24h)
$933 USD
0.11 BTC
Circulating Supply
18,418,931 BCA
Total Supply
21,000,000 BCA
Max Supply
21,000,000 BCA
https://coinmarketcap.com/currencies/bitcoin-atom/#markets
Charts
Markets
Social
Tools
Ratings
Historical Data
Bitcoin Atom Markets
# Source Pair Volume (24h) Price Volume (%) Category Fee Type Updated
1 Exrates Exrates BCA/BTC $588 $0.229435 63.06% Spot Percentage Recently
2 STEX STEX BCA/BTC $305 $0.180695 32.71% Spot Percentage Recently
3 CryptoBridge CryptoBridge BCA/BTC $40 $0.140651 4.24% Spot Percentage Recently
4 Exrates Exrates BCA/USD $0 $0.250000 0.00% Spot Percentage 16 hours ago
.
Bitcoin Atom Statistics Bitcoin Atom Price $0.209733 USD
Bitcoin Atom ROI -99.98%
Market Rank #556
Market Cap $3,863,054 USD
24 Hour Volume $933 USD
Circulating Supply 18,418,931 BCA
Total Supply 21,000,000 BCA
Max Supply 21,000,000 BCA
All Time High $1,686.39 USD
(Jan 14, 2018)
All Time Low $0.076913 USD
(Apr 16, 2019)
52 Week High / Low $0.928588 USD /
$0.076913 USD
90 Day High / Low $0.261663 USD /
$0.076913 USD
30 Day High / Low $0.261663 USD /
$0.107647 USD
7 Day High / Low $0.227835 USD /
$0.147325 USD
24 Hour High / Low $0.227835 USD /
$0.174647 USD
Yesterday's High / Low $0.227835 USD /
$0.173992 USD
Yesterday's Open / Close $0.175578 USD /
$0.215090 USD
Yesterday's Change $0.039513 USD (22.50%)
Yesterday's Volume $785.43 USD
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BTC: 3CMCRgEm8HVz3DrWaCCid3vAANE42jcEv9
LTC: LTdsVS8VDw6syvfQADdhf2PHAm3rMGJvPX
ETH: 0x0074709077B8AE5a245E4ED161C971Dc4c3C8E2B
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GNCP WILL HAVE THE HISTORIC SHORT SQUEEEEZE!!!! imo
CANT WAIT. GONNA BE AWESOME!!! SEEING THE STOCK PRICE SKYROCKET ON AWESOME NEWS AND DIVYS ECT!!!
IMO
WOW! Great newswhen it broke thanks! BILLIONS in nss. ouch how many in GNCP. ?
Whistleblower Vindicated: Massive Trading Firm Knight Capital Charged With Abusing “Naked Shorts”
David Dayen
December 15 2016, 11:53 a.m.
Back in September, I wrote a seven-part series at The Intercept chronicling how former Wall Street trader Chris DiIorio, determined to figure out how he lost a small fortune on a penny stock, came to the conclusion that gigantic market-making firm Knight Capital, now known as KCG, repeatedly violated federal regulations meant to prevent abuse in what are known as “naked short sales.”
It was an explosive allegation. Naked short sales are when you sell a stock you don’t have. That’s illegal most of the time, for obvious reasons. DiIorio found evidence that KCG had illegally conducted nearly two billion dollars’ worth of them.
It was a bit of a mystery story, with two unanswered questions at the end: Was DiIorio right? And if so, why hadn’t any regulatory authority done anything about it?
One regulatory authority finally has, and its action would seem to confirm DiIorio’s suspicions.
The Financial Industry Regulatory Authority (Finra), a private self-regulatory organization, charged KCG on October 31 with thousands of violations over three years of Regulation SHO, which according to the Securities and Exchange Commission (SEC) “was established to address concerns regarding persistent failures to deliver and potentially abusive ‘naked’ short selling.
Finra further found that KCG “failed to establish and maintain a supervisory system” to comply with Regulation SHO going back to 2012, when the company was re-constituted through a merger.
“So Finra is admitting that KCG never had a system in place,” DiIorio said in an emailed statement.
20160614_ChrisDilorio038-resize
Chris DiIlorio.
Photo: Matt Slaby for The Intercept
But despite the routine of repeated misconduct, KCG accepted a settlement on November 22 for a mere $105,000 and some new monitoring. KCG did not even have to admit wrongdoing.
DiIorio’s reaction: “What a deterrent!”
Regulation SHO violations were central to DiIorio’s claims that KCG isolated and targeted penny stocks through naked short selling.
A short sale is a bet that a stock price will drop. Short sellers borrow stock shares from a broker and sell them into the market, hoping to return them to the borrower after buying the same number of shares back when the stock falls in value, profiting from the exchange.
But with a naked short sale, the trader doesn’t even borrow the stock. This creates artificial shares in a security, increasing supply and crippling the sale price.
Naked short selling is only legal for market makers like KCG, so that if there’s high demand for a stock, a market maker can fill orders even if they don’t have the shares immediately available. DiIorio, who began to investigate this after a penny stock he purchased was wiped out in 2006, concluded that KCG doesn’t engage in naked shorting to facilitate markets, but rather to make money for themselves by battering penny stocks.
Naked shorts cannot stay naked forever. SEC rules dictate that naked short sellers must eventually deliver shares to the buyer and close out the trade. Not doing so results in a “fail to deliver,” the securities version of an IOU. Under Regulation SHO, short sellers have to cough up the stock within one day of incurring the fail.
Finra staff reviewed four separate time periods from 2012 to 2015, spot-checking for errors. Most of the problems were found between June and July 2013, when Finra found 3,477 separate instances of KCG engaging in “a short sale for its own account without first borrowing the security,” a description of naked short selling, “while it had a fail-to-deliver position… that had not been closed out.” According to a footnote, these naked shorts were done “to facilitate a customer(s) long sale order on a riskless principal basis.”
This matches DiIorio’s explanations. “This is how KCG generates trading profits in penny stocks,” he said. “There is no such thing as riskless principal basis unless you’re doing something illegal.”
The customers facilitating KCG’s short sales by buying the stock long, DiIorio claimed, are typically high net-worth individuals operating through Swiss banks, using the trading activity as part of a scheme to launder money and evade taxes.
While this was particularly difficult for DiIorio to verify, a separate Finra disciplinary action completed just days ago against Swiss firm Credit Suisse faults the bank for failing to flag potential money laundering abuses based on “suspicious microcap stock transactions and sales of unregistered securities.” The trading at issue “followed patterns commonly associated with microcap fraud.”
A trader works at the Knight Capital Group Inc. booth on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Aug. 7, 2012. U.S. stocks advanced, sending the Standard & Poor?s 500 Index higher for a third straight day, amid better-than-estimated corporate earnings and speculation global central banks will take steps to boost economic growth. Photographer: Jin Lee/Bloomberg via Getty Images
A trader works at the Knight Capital Group Inc. booth on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Aug. 7, 2012.
Photo: Jin Lee/Bloomberg/Getty Images
This also fits with DiIorio’s story.
In all, Finra identified 3,616 violations of Regulation SHO at KCG over the four-year period. The disciplinary action included “a censure,” a fine totaling $105,000, and the mandating of a written process to ensure future compliance with Regulation SHO within 60 days.
Oddly, it fell to Finra, an independent agency unrelated to the government, to enforce Regulation SHO — not the SEC, which implemented the rule and has oversight responsibility. Routine failures to deliver are supposed to lead to fines by the SEC, or even a ban from the securities markets. DiIorio has attempted to get the SEC interested in his claims for five years, to no avail. “The SEC outsourced this to Finra,” he said.
KCG did not announce the Finra settlement with a press release. Its most recent trading volume statement, for October, shows that the vast majority of its shares traded continue to be in the primary penny stock market exchanges, OTC Bulletin Board and OTC Market. Sophie Sohn, a spokesperson for KCG, said the company had no comment on the settlement.
We depend on the support of readers like you to help keep our nonprofit newsroom strong and independent. Join Us
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
GNCP NEWS IS ON THE WAY IMO!!!
$1 SELL FOR ME!!! IMO!!!
GOOOOOO GNCP!!!!!! DROOOP THE NEWS!!!!
TIME TO BUY MORE!!!! GNCP!!! PLACE THOSE SELLS@ $1 IMO!!!!
That GNCP news is coing like Rolling thunder!!!! imo
MORE GNCP DD LONG AND STRONG~!!!!!!!!!!!!!!!GNCP!!!!!!! THE GNCP CAVES FULL OF NNS SHARES ARE GOING TO GOOOOO KABBBBBBBBBBBBBBBBBBBBBOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMM SOON!!!!! IMO!!!
BIG MONEY IS LATCHING ON NOW!!!!! IMO... R.I.P!!!!ZHORTY!!!!
GNCP UPDATED FILINGS AFTER 10 YEARS! OF BEING QUIET! $$$$$$$
GNCP IS GOING TO ROCK!!!!!!!!!!!!!!!!!!!
LONG AND STRONG GNCP SELLING ABOVE $1 DOLLAR IMO!!!!
NO SURRENDER!!!! --->>>>
KABOOOOOOOOM!!!!!!!!!!!!TIME!!!!!!$$$$
imo
Longs know zhorts are gonna get crushed! imo
GNCP came out of the 10 year DARK abyss and filed all its past filings WHAM!!!!!!!!!!! .... with all shares owned by a few and now some will see the REST OF THE STORY imo!!
LONGS ARE GONNA ROCK!!!!! imo. PLACE YOUR GNCP SELLS AT 100 PENNIES!! GNCP TO THE MOOOON! imo
varmit Saturday, 05/18/19 12:46:04 PM
Re: None
Post # of 141034
ALL ABOARD !!!!!! IF U HAVEN’T YET ? JOIN THE VARMITS “BUCK A SHARE CLUB “
We’ve added 9 peeps in the last week at GNCP . From 46 shareholders to 55 total to date !!!!
HOW DO YOU JOIN ????????
Commit to placing a sell order at “A BUCK A SHARE “ do not cave in and sell at .01/.05/.10/.22/.44/.55/.77/.88
SOME ARE AT .99 which flexes our commitment but we’re ok at .99 :)
FACT !!!!!! IF PEEPS DONT SELL THE ASK WILL SHOW $1.00 a share
IF PEEPS WANT IN THEY HAVE TO BUY AT A BUCK !!!!!!
WHY DO THIS ????! WE TRUELY BELEIVE THAT WHEN SUB ZERO GNCP WENT DARK FILING A FORM15-D NON FILER. , they were broke , has billions in gold but zero income
If you don’t sell gold can’t be seen if you don’t mine your gold there’s zero profit . Most gold stocks go broke .0000000001 and go dark/grey sheets and cancelled !!!
So WHO BOUGHT THE BILLIONS OF SHARES TRADED FOR THE LAST FEW YEARS ???
Where did these shares come from?
The float was bought out and locked at a buck a share by varmits group !!!!!!
We believe that over 20 billion shares that traded the last years have been fabricated/dreamed up/ snake hissing Nss Nss Nss Nss Nss
Air shares /phantom shares.
FOLKS :::::::::
Those shares need to be covered now!!!!
THEY MUST BUY ON THE ASK
IF YOUR ASK IS AT A BUCK ,
THEY PAY A BUCK
WHO CARES ABOUT THE 17 OPINIONS THAT GNCP IS A SCAM AN JUNK AND NO GOOD ???????
GNCP IS GREAT AND MOVING FORWARD .
SHORTS MUST COVER AND WE THE SHAREHOLDERS GET WHAT WE SELL AT !!!!!!
JOIN US WHAT CAN YOU LOSE ????????
THIS WILL MAKE A HISTORICAL FACT THAT COULD END NAKED SHORTING FOREVER .
IF SHAREHOLDERS WIN THIS
ITS AN HISTORICAL EVENT ONE MAY CALL “A MATERIAL EVENT!!!!”
Class DISSMISSED
Flask DISSMISSED
Case clothed
I RENS MY CASE !!!!!!!!!!!
WITH GOLD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148897462
Gold Horse shoe loves!!! GNCP. !!!!!! remember tight gripz!!!
zhortys!
Gooo!!!!!!!!!!!!! GNCP!!!!!GOING TO DOLLARS imo!!
GNCP gonna ROCK imo $$$
Remember zhorts tight grips on your ankles monday lol imo
GOOOOOO GNCP !!!
LONG AND STRONG SHORTY DONT GO NOWHERE!!
imo
$$$SSSSHHHHAAAAAZZZZZAAAAMMMMMM$$$$$
GNCP FILING $$$$$
LONG AND STRONG....
SHAZAAAAAAMMMM!!!!!
GNCP. FILING HAS BEGUN...!
DOLLARS HERE WE COME IMO!!!!
TheFutureForsure Tuesday, 04/30/19 02:35:36 PM
Re: None 0
Post # of 138488
GNCP - IT CANNOT BE STOPPED NOW
TIC TOC TIC TOC TIC TOC TIC TOC.......
http://www.otcmarkets.com/financialReportViewer?id=218272
IMMEDIATE ACTIONS BY THE COMPANY:-
The Company is now amending the initial reports accordingly and completing certain portions in order to comply with these requirements.
The Company will be utilizing the new OTC Markets format that came into effect on March 15, 2019 on each and every Quarterly and Annual Report as above-mentioned.
For shareholders ease of Reference, we have annexed hereto the OTC Markets “Disclosure Statement due to the Pink Basic Disclosure Guidelines”.
{{{{{{ Due to our first report being that of September 30, 2015, we will be completing the information required under these new rules; and therefore going back to September 30, 2013 and to date, being April 30, 2019. }}}}}}}
2|Page
The Company’s Directors had anticipated these extensive reporting requirements and now that we have been guided accordingly, we are now reformatting and amending the Reports and will commence with their Filing once completed.
We will not be filing them in one day but will file each report as soon as is completed.
{{{{{{ It is anticipated that that all of these Reports could be completed and filed as early as Tuesday May 7, 2019. }}}}}}
{{{{{{ Shareholders should expect to see the first of these outstanding Reports being filed as early as Thursday May 2, 2019. }}}}}}
The OTCIQ Filing system permits uploading of Reports on a 24/7, seven day a week basis.
GNCP $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
georgie18 Member Level Tuesday, 04/30/19 02:42:17 PM
Re: georgie18 post# 129526 0
Post # of 138486
GNCP...0002...News...https://www.otcmarkets.com/stock/GNCP/disclosure
The Company’s Directors had anticipated these extensive reporting requirements and now that
we have been guided accordingly, we are now reformatting and amending the Reports and will
commence with their Filing once completed. We will not be filing them in one day but will file
each report as soon as is completed. It is anticipated that that all of these Reports could be
completed and filed as early as Tuesday May 7, 2019. Shareholders should expect to see the first
of these outstanding Reports being filed as early as Thursday May 2, 2019. The OTCIQ Filing
system permits uploading of Reports on a 24/7, seven day a week basis.
PROCEDURE POST THE FILING OF THESE REPORTS:-
Once all of these Reports are uploaded, the “STOP” sign is removed and is replaced by a
“YIELD” sign. However should the OTC Markets Compliance wish to review these Reports, this
would result in a delay in the “YIELD” sign replacing the “STOP” sign.
Upon the uploading of these Reports, they are submitted to the Company Counsel for his review.
Once satisfied, Counsel submits an “Attorneys” Letter to the OTC Markets and the Company
moves from “YIELD” to that of “PINK CURRENT”
CMKX longs have suffered way tooooo long! imo Thanks for posting here and keeping this board alive!
may our money be backed with Gold. imo sooooon!! may there be restitution to CMKX LONGS soon!
to those who started this long road who are now gone R.I.P!
The KINGS AND QUEENS OF THE UNDERGROUND SALUTE YOU!
zeus_is_here/ Eaglesrock2008 R.I.P
GOOOOO CMKX!!!!!!!!!!!!! many KINGS AND QUEENS STILL LONG CMKX! imo
Yes Thank you SIR! ;) Some SEC CMKX comments from the past to remember! CMKX ROCKED! with the help from a little pen from the KINGS AND QUEENS FROM THE UNDERGROUND!
(Who writes like dis? lol
https://www.sec.gov/comments/s7-08-08/s70808-102.htm
Subject: File No. S7-08-08
From: THOMAS THORTON, Sir
Affiliation: Bear Stearns Bond holder
March 24, 2008
My Fellow Americans and Global Investment Community.
The case of the greatest "counterfeit shares." fraud in the UNITED STATES is in my opinion CMKX.
CMKX DIAMONDS, THE LARGEST NAKED SHORTED STOCK IN THE HISTORY OF THE UNITED STATES/WORLD" Trillions of stock shares traded and changed hands UNTIL CMKX revoked itself and had every stock holder pull stock certifcates out of brokerages out of street name and into Investors name to safely hold in their possesion. CMKX is also the LARGEST STOCK CERTIFICATE PULL IN THE HISTORY OF THE UNITED STATES"
I Hope the the SEC did not create a regulational rule during this period the above action was commited to absolve them from liability of cmkx "counterfeit shares." from this compnay or anyother company that used this tactic to steal from all markets. This naked shorting fraud rule be passed without a second to lose.
Naked shorts in the United States: "counterfeit shares."
Naked short selling is a case of short selling the shares without first arranging a borrow. The Securities Exchange Act of 1934 stipulates a settlement period up to three business days before a stock needs to be delivered, generally referred to as "T+3 delivery".
If the stock is illiquid or simply has a small number of outstanding shares, finding the borrow can be difficult to arrange. In these cases the trader normally arranges for the borrow before making the trade, to ensure delivery. In the case when a borrow cannot be arranged within that time period and the shares cannot be given to the buyer, the trade is considered to have "failed to deliver". The SEC states that "Naked short selling is not necessarily a violation of the federal securities laws or the Commission's rules," and clarifies that in some circumstances, it can contribute to market liquidity.
Naked shorting to drive down share prices violates US law. In recent years, a number of companies have been accused of using naked shorts in order to make profits at the expense of share prices. To do this, the trader simply enters a naked short with no intention of ever delivering the shares. A large enough short sale could cause the price to fall, as is the case with any stock being sold, so as long as the trade is large enough to move the share price, the short is likely to be profitable. Normally this would be risky if the price did move back up for other reasons, the trader would be driving the price up with every purchase, a condition known as a "short squeeze". But as long as the buyer turns around and shorts it back into the market, the price continues dropping, making the trades profitable even though no one actually holds any of the shares.
"Legal" naked shorting would normally be invisible in a liquid market, as long as the short sell is eventually delivered to the buyer. However, if the covers are impossible to find, the trades fail. A sudden rise in number of fail reports will alert the SEC that something irregular is going on. In some recent cases, it was claimed that the daily activity was larger than all of the available shares, which would normally be unlikely.
The North American Securities Administrators Association (NASAA) held a conference on naked short selling in November 2005. An official of the New York Stock Exchange stated that NYSE had found no evidence of widespread naked short selling, and alleged "fear mongering that there's this rampant naked shorting that's gone unregulated." Cameron Funkhouser, NASD senior vice president of market regulations, noted that although companies have alleged stock manipulation through the Berlin stock exchange, the NASD has seen not one instance of naked short selling on the Berlin stock exchange". Ralph Lambiase, head of the Connecticut Securities Agency and the NASAA, declared his disappointment at how the industry was handling the issue as a whole.
A report issued in early 2006 found no evidence of naked short selling in US markets, despite allegations from many companies. The SEC's short selling FAQ also cites common misconceptions about the practice, such as the belief that naked shorting causes "phantom" shares to enter the market, as one source of confusion over the practice's market effect. Naked short selling, the SEC said, would not increase a company's shares outstanding shares nor result in "counterfeit shares."
Statistics on failures to deliver securities are sometimes used as evidence of naked short selling in specific stocks. However, the U.S. Securities and Exchange Commission stated in January 2008 that "fails-to-deliver can occur for a number of reasons on both long and short sales. Therefore, fails-to-deliver are not necessarily the result of short selling, and are not evidence of abusive short selling or 'naked' short selling."
Current legal naked shorting rules allow brokerages to make large profits doing "bona-fide market making" while stock markets are falling. The market maker exemption to the rules governing the practice is intended to allow market makers to naked short sell on a very temporary basis, in order to increase liquidity and stabilize markets.
However, Robert J. Shapiro, former undersecretary of commerce for economic affairs, has claimed that naked short selling has cost investors $100 billion and driven 1,000 companies into the ground.
The Depository Trust and Clearing Corporation has been criticized for its approach to naked short selling. DTCC has been sued with regard to its alleged participation in naked short selling, and the issue of DTCC's possible involvement has been taken up by Senator Robert Bennett and discussed by the NASAA and in articles -- disagreed with by DTCC -- in the Wall Street Journal and Euromoney Magazine.
While there is no dispute that illegal naked shorting happens, there is a fight as to the extent to which DTCC is responsible. Some blame DTCC as the keeper of the system where it happens, and say DTCC turns a blind eye to the problem. DTCC says naked shorting is not widespread enough to be a major concern. "We're not saying there is no problem, but to suggest the sky is falling might be a bit overdone," DTCC's chief spokesman Stuart Goldstein said. DTCC General Counsel Larry Thompson calls the claims "pure invention." The SEC, however, views naked shorting as a serious enough matter to have made two separate efforts to restrict the practice. And in July 2007, Senator Bennett suggested on the U.S. Senate floor that the allegations involving DTCC and naked short selling are "serious enough" that there should be a hearing on them with DTCC officials by the Senate Banking Committee. The committee's Chairman, Senator Christopher Dodd, indicated he was willing to hold such a hearing. The North American Securities Administrators Association, representing state stock regulators, filed a brief saying that if the claims were correct, its shareholders "have been the victims of fraud and manipulation at the hands of the very entities that should be serving their interest."
Critics also contend DTCC has been too secretive with information about where naked shorting is taking place. In 2007, WayPoint Biomedical sued DTCC for DTCC's refusal to comply with a subpoena request for documents Waypoint needs to track trades in the company's shares. Ten suits concerning naked short-selling filed against the DTCC were withdrawn or dismissed by May 2005.
A suit by Electronic Trading Group, naming major Wall Street brokerages, was filed in April 2006 and dismissed in December 2007.
Two separate lawsuits, filed in 2006 and 2007 by NovaStar Financial, Inc. shareholders and Overstock.com, named as defendants ten Wall Street prime brokers. They claimed a scheme to manipulate the companies' stock by allowing naked short selling. A motion to dismiss the Overstock suit was denied in July 2007.
Why has everyone tried to COVER UP NAKED SHORTING, is it because all the Wall Street banks have naked shorts in Level 3, and hidden in derivatives where there are Trillions of fake shares?
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns.
This Rule must be passed and not covered up. As it looks today on Wall street the word is out on naked shorting and must be stopped , and all who profited from stealing trillions be put in jail.
Thank you.
"
GNCP!! LONG AND GOLD BACKED MONEY STRONG!!! imo
My PYCT shares are nice and safe! Gold backed money coming!! NO FINANCIAL SYSTEM. imo better cover those who didnt lol. shorty lol
Under "Basel III" Rules, Gold Becomes Money!
Profile picture for user Tyler Durden
by Tyler Durden
Sun, 03/17/2019 - 11:29
Excepted from Jay Taylor's latest newsletter,
In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer. And not surprisingly, the lion’s share of gold is flowing into central banks of countries that are in the sights of America’s killing machine—the Military Industrial Complex that Eisenhower warned us about in 1958.
The Bank for International Settlements (BIS), located in Basal, Switzerland, is often referred to as the central bankers’ bank. Related to this issue of central bank hoarding of gold is the fact that on March 29 the BIS will permit central banks to count the physical gold it holds (marked to market) as a reserve asset just the same as it allows cash and sovereign debt instruments to be counted.
There has been a long-term view that China and other nations dishoarding dollars in favor of gold have been quite happy about western banks trashing the gold price through the synthetic paper markets. But one has to wonder if that might not change, once physical gold is marked to market for the sake of enlarging bank balance sheets.
This also raises the question with regard to how much gold the U.S. actually holds as opposed to what it claims to hold. James Sinclair has always argued that the only way the world can overcome the debt that is strangling the global economy is to remonetize gold on the balance sheets of central banks at a price in many thousands of dollars higher. This would mean a major change in the global monetary system away from the dollar, as China has been pushing for the last decade or so.
If banks own and possess gold bullion, they can use that asset as equity and thus this will enable them to print more money. It may be no coincidence that as March 29th has been approaching banks around the world have been buying huge amounts of physical gold and taking delivery. For the first time in 50 years, central banks bought over 640 tons of gold bars last year, almost twice as much as in 2017 and the highest level raised since 1971, when President Nixon closed the gold window and forced the world onto a floating rate currency system.
But as Chris Powell of GATA noted, that in itself is not news. The move toward making gold equal to cash and bonds was anticipated several years ago. However, what is news is the realization by a major Italian Newspaper, II Sole/24 Ore, that “synthetic gold,” or “paper gold,” has been used to suppress the price of gold, thus enabling countries and their central banks to continue to buy gold and build up their reserves at lower and lower prices as massive amounts of artificially-created “synthetic gold” triggers layer upon layer of artificially lower priced gold as unaware private investors panic out of their positions.
The paper concludes that,
“In recent years, but especially in 2018, a jump in the price of goldwould have been the normal order of things. On the contrary, gold closed last year with a 7-percent downturn and a negative financial return. How do you explain this? While the central banks raided “real” gold bars behind the scenes, they pushed and coordinated the offer of hundreds of tons of “synthetic gold” on the London and New York exchanges, where 90 percent of the trading of metals takes place. The excess supply of gold derivatives obviously served to knock down the price of gold, forcing investors to liquidate positions to limit large losses accumulated on futures. Thus, the more gold futures prices fell, the more investors sold “synthetic gold,” triggering bearish spirals exploited by central banks to buy physical gold at ever-lower prices”.
The only way governments can manage the levels of debt that threaten the financial survival of the Western world is to inflate (debase) their currencies. The ability to count gold as a reserve from which banks can create monetary inflation is not only to allow gold to become a reserve on the balance sheet of banks but to have a much, much higher, gold price to build up equity in line with the massive debt in the system.
https://www.zerohedge.com/news/2019-03-17/jay-taylor-under-basel-iii-rules-gold-becomes-money
CMKX get paid when the Fed does down imo into the hands of the US treasury. like mny say Briggs ect! IMO CONGRATS CMKERS!!!
Thank you all who posted here day after day and kept this board alive and help CMK shareholders!!!
imo
BASEL III Activates Gold, Gold Will Bring Down The Fed - Episode 1817a
Looks like CMKXer will get paid F&p with gold backed $ imo Jay Taylor: Under "Basel III" Rules, Gold Becomes Money!
Profile picture for user Tyler Durden
by Tyler Durden
Sun, 03/17/2019 - 11:29
Excepted from Jay Taylor's latest newsletter,
In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer. And not surprisingly, the lion’s share of gold is flowing into central banks of countries that are in the sights of America’s killing machine—the Military Industrial Complex that Eisenhower warned us about in 1958.
The Bank for International Settlements (BIS), located in Basal, Switzerland, is often referred to as the central bankers’ bank. Related to this issue of central bank hoarding of gold is the fact that on March 29 the BIS will permit central banks to count the physical gold it holds (marked to market) as a reserve asset just the same as it allows cash and sovereign debt instruments to be counted.
There has been a long-term view that China and other nations dishoarding dollars in favor of gold have been quite happy about western banks trashing the gold price through the synthetic paper markets. But one has to wonder if that might not change, once physical gold is marked to market for the sake of enlarging bank balance sheets.
This also raises the question with regard to how much gold the U.S. actually holds as opposed to what it claims to hold. James Sinclair has always argued that the only way the world can overcome the debt that is strangling the global economy is to remonetize gold on the balance sheets of central banks at a price in many thousands of dollars higher. This would mean a major change in the global monetary system away from the dollar, as China has been pushing for the last decade or so.
If banks own and possess gold bullion, they can use that asset as equity and thus this will enable them to print more money. It may be no coincidence that as March 29th has been approaching banks around the world have been buying huge amounts of physical gold and taking delivery. For the first time in 50 years, central banks bought over 640 tons of gold bars last year, almost twice as much as in 2017 and the highest level raised since 1971, when President Nixon closed the gold window and forced the world onto a floating rate currency system.
But as Chris Powell of GATA noted, that in itself is not news. The move toward making gold equal to cash and bonds was anticipated several years ago. However, what is news is the realization by a major Italian Newspaper, II Sole/24 Ore, that “synthetic gold,” or “paper gold,” has been used to suppress the price of gold, thus enabling countries and their central banks to continue to buy gold and build up their reserves at lower and lower prices as massive amounts of artificially-created “synthetic gold” triggers layer upon layer of artificially lower priced gold as unaware private investors panic out of their positions.
The paper concludes that,
“In recent years, but especially in 2018, a jump in the price of goldwould have been the normal order of things. On the contrary, gold closed last year with a 7-percent downturn and a negative financial return. How do you explain this? While the central banks raided “real” gold bars behind the scenes, they pushed and coordinated the offer of hundreds of tons of “synthetic gold” on the London and New York exchanges, where 90 percent of the trading of metals takes place. The excess supply of gold derivatives obviously served to knock down the price of gold, forcing investors to liquidate positions to limit large losses accumulated on futures. Thus, the more gold futures prices fell, the more investors sold “synthetic gold,” triggering bearish spirals exploited by central banks to buy physical gold at ever-lower prices”.
The only way governments can manage the levels of debt that threaten the financial survival of the Western world is to inflate (debase) their currencies. The ability to count gold as a reserve from which banks can create monetary inflation is not only to allow gold to become a reserve on the balance sheet of banks but to have a much, much higher, gold price to build up equity in line with the massive debt in the system.
https://www.zerohedge.com/news/2019-03-17/jay-taylor-under-basel-iii-rules-gold-becomes-money
Whitnoc A SOLID CMKX SHAREHOLDER IMO was tossed here on ihub he was banned and shanked in IHUB jail imo!!
LOVE LIVE WHITE NOCS!!!! CMKX ROCKED THE WORLD!!!! IMO
NO ONE ESCAPES!
GNCP GOLD mine divy$$$->Jay Taylor: Under "Basel III" Rules, Gold Becomes Money!
Profile picture for user Tyler Durden
by Tyler Durden
Sun, 03/17/2019 - 11:29
Excepted from Jay Taylor's latest newsletter,
In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer. And not surprisingly, the lion’s share of gold is flowing into central banks of countries that are in the sights of America’s killing machine—the Military Industrial Complex that Eisenhower warned us about in 1958.
The Bank for International Settlements (BIS), located in Basal, Switzerland, is often referred to as the central bankers’ bank. Related to this issue of central bank hoarding of gold is the fact that on March 29 the BIS will permit central banks to count the physical gold it holds (marked to market) as a reserve asset just the same as it allows cash and sovereign debt instruments to be counted.
There has been a long-term view that China and other nations dishoarding dollars in favor of gold have been quite happy about western banks trashing the gold price through the synthetic paper markets. But one has to wonder if that might not change, once physical gold is marked to market for the sake of enlarging bank balance sheets.
This also raises the question with regard to how much gold the U.S. actually holds as opposed to what it claims to hold. James Sinclair has always argued that the only way the world can overcome the debt that is strangling the global economy is to remonetize gold on the balance sheets of central banks at a price in many thousands of dollars higher. This would mean a major change in the global monetary system away from the dollar, as China has been pushing for the last decade or so.
If banks own and possess gold bullion, they can use that asset as equity and thus this will enable them to print more money. It may be no coincidence that as March 29th has been approaching banks around the world have been buying huge amounts of physical gold and taking delivery. For the first time in 50 years, central banks bought over 640 tons of gold bars last year, almost twice as much as in 2017 and the highest level raised since 1971, when President Nixon closed the gold window and forced the world onto a floating rate currency system.
But as Chris Powell of GATA noted, that in itself is not news. The move toward making gold equal to cash and bonds was anticipated several years ago. However, what is news is the realization by a major Italian Newspaper, II Sole/24 Ore, that “synthetic gold,” or “paper gold,” has been used to suppress the price of gold, thus enabling countries and their central banks to continue to buy gold and build up their reserves at lower and lower prices as massive amounts of artificially-created “synthetic gold” triggers layer upon layer of artificially lower priced gold as unaware private investors panic out of their positions.
The paper concludes that,
“In recent years, but especially in 2018, a jump in the price of goldwould have been the normal order of things. On the contrary, gold closed last year with a 7-percent downturn and a negative financial return. How do you explain this? While the central banks raided “real” gold bars behind the scenes, they pushed and coordinated the offer of hundreds of tons of “synthetic gold” on the London and New York exchanges, where 90 percent of the trading of metals takes place. The excess supply of gold derivatives obviously served to knock down the price of gold, forcing investors to liquidate positions to limit large losses accumulated on futures. Thus, the more gold futures prices fell, the more investors sold “synthetic gold,” triggering bearish spirals exploited by central banks to buy physical gold at ever-lower prices”.
The only way governments can manage the levels of debt that threaten the financial survival of the Western world is to inflate (debase) their currencies. The ability to count gold as a reserve from which banks can create monetary inflation is not only to allow gold to become a reserve on the balance sheet of banks but to have a much, much higher, gold price to build up equity in line with the massive debt in the system.
https://www.zerohedge.com/news/2019-03-17/jay-taylor-under-basel-iii-rules-gold-becomes-money
IMO
CMKX was in the same boat as ceo of overstock imo he was great in beating naked shorts on wall streets.
cmkx WON imo.. dont forget everyone posting on this is pro cmkx because who would post on a usless stock for years unless fines and penalties are coming and maybe more imo.
Thank youcmkx longs!
who did not pay into the paychest? naughty naughty lol imo
what is Naked shorting a stocks.