Gary Noffke

Law of Supply & Demand Is Dead for Gold & Silver

Great article that was well researched. I have more than suspected manipulation of gold prices for the past few years. First I considered it to be speculation, but with the banks folding, gas going to $4.50, grains up, etc., it became apparent more was driving the market up and down than supply and demand. Rumors and short selling seem to be the culprit. I was trying to find hourly and daily volume charts for gold futures yesterday, but no luck. Find those and study them and you'll find this article more than credible. Buying futures without any intention of taking physical possession has turned Wall Street into a casino. Just find out who's buying and selling billions of dollars in commodities on a daily or weekly basis, jail them and put their funds in the US Treasury. Kim is right that this manipulation is going on and it's being done by the same individuals or groups over and over and over and over... Of course there's nothing wrong with it, it's just fraud.