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To: patron_anejo_por_favor who wrote (52252)12/29/2000 12:34:41 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yep...there you can see what happens to a market they CAN'T manipulate. many may not realize it, but we are not living in a free market economy...imo everything that CAN be manipulated by govt. and various vested interests IS being manipulated, and in spades. we're basically well on our way to a sort of semi socialist central planning 'managed' economy.

look at palladium...after the US government sold the last of its stock pile in an attempt to pressure the price, and both Tocom and the CFTC tried everything in their power to manipulate the market by changing the rules, they have finally lost control.

just in case anybody is wondering, the big corporations are all in favour of suspending the free market where it serves their interests....i have no doubt that the palladium manipulation attempts were the result of lobbying by the auto industry. however, palladium power rests in the hands of Russia, so all the manipulation efforts have now backfired, big time.

same is going to happen in silver, now that the government has finally run its stockpile to zero.

the lip service paid to free market tenets is part of the brainwashing that the masses are subjected to. here's hoping that the market buries the manipulators as it has done in NG and Pd.