alajac

Gold ETFs: What Went Wrong With Conventional Wisdom?

Deleveraging is not inflationary and printing money is not either if more debt is being destroyed than is being created to take its place. As long as that condition continues, the dollar will gain and gold and everything else will drop or drift lower. I can`t believe how few people `get` that.

Regarding `manipulation`, if something is so illiquid that its price can be manipulated, then obviously there isn`t enough demand for it to go up in the face of people that want it to go lower. The real manipulation was springing that finance deal the day before options expired, crushing all those put positions with no warning. Very mean, but that`s how the big boys play. Always watch your back, They will steal your lunch. Actually that`s the whole point of the game isn`t it?

Write in alan jacquemotte for President to show your support for ending the Fed`s monopoly on money. Look up `colonial scrip` on wiki for more info.