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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (21262)	7/8/2009 5:29:59 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 71454

If the G8 agree to the Brown/Sarkozy « price range » for oil suggested below, this will also affect the oil/gold ratio, and hence the gold price, plus impact other commodity prices, energy costs and therefore markets in general, not to mention the exchange rates of all currencies versus the $. Is this another devious trojan horse attempt by the G8 to try and indirectly cap the gold price by capping the oil price ? On what legal base do they intend to do this ? This would be another move away from free markets towards government control of all markets, and one more nail in the coffin of free enterprise and laissez faire capitalism. It is difficult to see how this could work against the background of all the anti-cartel, anti-trust, and free market legislation already in place in Western Europe and North America ? Price fixing is still a criminal offence and pounced upon with large fines for corporate offenders, but if the governments decide to do it then it is ok because after all they are above the law, or so they seem to think these days ? Of course maybe Goldman Sachs already has the computer program set up to administer the oil market price range, and the G8 proposal is just another back door attempt to legalise government sponsored manipulation ?