Loading ...Yes u do have to pay the divi, if yr short……and yr supposed to borrow and deliver the shares, within I think 4 days in London, not sure about the US and that is what loads of the hedgies/banksters don’t do, as the SEC etc don’t enforce it anymore to their ‘mates’.
Plus they use off shore exchanges to short on, never borrow the shares and never deliver them….I’d guess the PM sector is by far the worst abused, as they have the scum to back them up all the time.
Once upon a time u really could squeeze a share, because of the fixed float, but electronic trading and no enforcement of any rules, has made them more of a commodity, where u can sell unlimited Vol, to infinity if u like.
My call is that at some point it will become knowledge that the ETF’s ain’t got any metal, which will cause a huge panic, prices will explode, then the share shorts will panic, meanwhile the whole PM Rig will get so much coverage, that the monster scum short will get exposed…..