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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (66425)7/23/2009 11:49:44 PM
From: loantech  Read Replies (1) | Respond to of 78416
 
tyc I have no idea if the price of gold is ever manipulated but I imagine it is. Why? Because the parties that have the ability to do so can make a lot more money by "regulating" the price in what ever direction "they" would want. Maybe "they" is the FOMC for instance. That is plausible to me. Maybe the "they" is a department at Goldman Sachs for all I know. But I am sure the boyz involved do it because they can out fox the masses at every turn which they could do regardless but... It is like the CEO making 50 million a year but that is not enough the same CEO then steals another 100 million before he goes to jail. Well a few go to jail anyhow.