Loading ...You have a Margin account.
You buy some PM shares.
Your Broker lends those shares, for a fee, to a “short seller”.
The short seller shorts those same PM shares you just bought, thus nullifying your purchase, and he was NOT naked short because he was in possession of the shares at the time he shorted them. All legally done according to the rules, and those PM shares, go no place.
Now the short seller can just return Your shares so Your Broker can show he has your shares and is complying with his fiduciary relationship between you and your broker.
After all, your broker notified you that he would loan out your shares unless you specifically notified him that you would not allow him to loan out your shares…and how many of you did that?
All done legally in this stock market Casino IMO and why the PM shares can’t get any traction this time. Better get the real thing(s)… SNG