Gold and all commodities, stock, bonds, etc. are all under heavy manipulation. Nothing will change that as the government is not interested in cleaning house, just a little noise now and then. Therefore, we can all talk bull or bear but the market is really controlled by skunks.
Plunge Protection Team Attacks BofA: This Ends Now [View article]
Reading your indepth article confirms the bases of the bulk of our present economy disaster. Does my memory serve me correctly that both Paulson and Bernanke requested waiver of any civil or criminal actions against them when they originally presented their "Bailout request"? Frankly it appears the United States' economy situation is similar to that of Germany prior to the rise of Hitler, only on a much larger scale. The Mark tumbled -- the Dollar will follow. The public will only regain confidence in the government, banks, brokers, and the stock market when some of the many culprits are heavily punished for their greed and crimes. SEC (under Cox and I don't see the current group any better) did very little but set back and watch. When a couple of insiders were caught on the "option scaming", their hands were slapped and the corporation was fined. The guilty go free and again the stockholders get screwed.
No Reason for Lag in Barrick Shares - Dundee Capital [View article]
Both ABX (Barrick)and GFI (Gold Field) have for the last 12 to 18 months been under manipulation by the "Boyz" to keep the prices low so they can continue to keep their net shares ownership on the increase. The "Boyz" want to acquire majority positions at the lowest cost possible. Check the charts on gold and these two stocks for the last two years and see the evidence is fact. The insiders of GFI also are trying to reflect less attractive financial news releases to keep the stock low. Relate GFI's net/net equity, add an approx. value to gold oz. reserves and then relate to market cap. SEE WHAT I MEAN!!
Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
The reality is that China and Japan hold approx. 2 trillion dollars and are supporting it to hold its value 1) a weaker dollar against their currencies would result in less exports to the U.S. and 2) they want to acquire all the gold and gold stocks as otherwise they would have to use more dollars to buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions. Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.
Six Profit Plays Amidst Soaring Oil and Zooming Inflation [View article]
I like and believe that your commentary is well founded. The big problem is the massive (ever increasing) manipulations by large groups, countries (Japan with their yen power, for one example), insiders lining their pockets with options monies to the detriment of the stockholders, and brokerage firms whom have too many connections. The smaller investors don't have a prayer and are dropping like flies, ie the rich get richer and the poor, well.
Gold Stocks Set for Big Advance [View article]
interested in cleaning house, just a little noise now and then. Therefore, we can all talk bull or bear but the market is really controlled
by skunks.
Plunge Protection Team Attacks BofA: This Ends Now [View article]
The public will only regain confidence in the government, banks, brokers, and the stock market when some of the many culprits are heavily punished for their greed and crimes. SEC (under Cox and I don't see the current group any better) did very little but set back and watch. When a couple of insiders were caught on the "option
scaming", their hands were slapped and the corporation was fined.
The guilty go free and again the stockholders get screwed.
No Reason for Lag in Barrick Shares - Dundee Capital [View article]
Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions.
Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.
Six Profit Plays Amidst Soaring Oil and Zooming Inflation [View article]