France, Italy, Spain, Belgium to Impose Short-Selling Curbs

[seobook]

Of course...its the shorts who caused the crisis of confidence

http://www.bloomberg.com/news/2011-0...ator-says.html

“Some authorities have decided to impose or extend existing short-selling bans in their respective countries,” ESMA said in a statement on its website. “They have done so either to restrict the benefits that can be achieved from spreading false rumors or to achieve a regulatory level playing field, given the close inter-linkage between some EU markets.”

what happened in September 2008 after they went after the short sellers? oops

if this is widespread & lasts very long I suspect the up-n-down stock volatility has just chose its direction.

any idea if this will cause a flight to safety lift for gold, or will it suck so much asset value out of the market that people are forced to sell everything?

I guess I should have posted this to "news" but hosed up on that...not sure if someone can move this?