Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (14661)	2/8/2002 6:41:19 PM
From: TobagoJack	Read Replies (5) of 74559

Hi Snowshoe, When gold price was going down, we were told ... (a) there is no manipulation, (b) hedging does not depress price, and (c) gold will keep going down. Now that the price is going up, we are told ... (a) there is manipulation, (b) unwinding of hedge only helps the price a little bit, and (c) gold will not go up much. There is a lack of symmetry and internal consistency of logic. Chugs, Jay

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