hb,
If you are correct and the MAJOR reason for gold
being in the doldrums is not the manipulation,
but a general disinterest by investors, then one
can ask the question "Why the disinterest".
But I could ask the question,
"What has to happen before,
or to cause a disinterest?"
Surly those types of answers
given on the CNBC boob tube
to explain why months ago the
Nasdaq was exploding upwards
with no bounds in sight,
and someone even wrote a book
called somelike Nasdaq 25,000
to predict the upwards direction
will remain...
leading to the answer being
"Its going up because its going up."
as the answer of fools not wanting to know
or the answer of criminals, not wanting you to know.
Looking at the kitco 25 year gold price chart
kitco.com
and knowing that gold has reached much highter than $300
and knowing of nothing to prevent it like a huge discovery
of a metor from outer space containing a zillion tones of
pure gold that melted into rain droplets and covered every
square foot of soil on Earth with an ounce, then without
a reason like that, and leaving only the thoughts of folks
to change their perceptions at whim, then gold can go anyplace
it wants to, up down level or if manipulated, a false image.
So what has determined current "Lack of investor interest".
Its low and level and low and .... because of ???
Might it be that way simply because of the manner
that it is traded ??? Simply because of a trend
that it "seems" to not go above $290 ??? And if so,
it feeds upon itself ??? ok, but who has the ability
to cause this in the free market ???
I think it was Ron Reece who just said,
"US stock market, one of the greatest Romances yet:
since "Gone With The Wind."
ok, but was it also said in that movie,
"US stock market says to investor's, after a crash,
when they cry out their hurting pain."
"Frankly my dear i don't give a damn
because i am an inane object
devoid of feelings and having no purpose
except of the wishes of those with the most control."
doug |
