Why Gold Prices Didn't Really Rise Last Week [View article]
Yep, good job.... Manipulation is the cause and more so with silver. But it goes on with most all the futures. Who does it and why is it allowed is explained by Ted Butler who studies the silver & gold markets. Then, what can we do to make these markets fair for the actual producers & users. I sent the following to others hoping to spread an idea.......I have written to the SEC, CFTC, TREASURY, SENATE, & CONGRESS about requiring product deliveries to and from on futures contracts beyond 10 or 20 to avoid long and short manipulations. Naked short positions in any market, penny stocks thru futures hurt the many and the markets themselves for benefit of the rich who are never satisfied. I just read the smart guys like Butler, Hommel, Sinclair etc and wish others would study their logic and spread the word in time to help save our country which is close to going belly up! If new rules are not in place soon, can you imagine how high the speculators will move crude oil once folks see the global economy show signs of improvement? $200+/BBL... But, if the big money, hedges or banks can't take or provide delivery of the messy stuff ......................... manipulation should be limited. I hope. SEE ( butlerresearch.com ) Currently the big money knows how technical charting works so they move the market to rape the small money over & over again. They have the co-operation of the regulators & treasury to manipulate the Dollar and whatever key commodity they feel important at the time. Anyone thinking we are in a free market democracy is flat out wrong! China is playing the game to acquire raw material assets on the cheap and when finished will destroy the Dollar, expose the manipulations, to show how crooked the futures are. Then replace our markets with their own golbal futures market. So, if we want a chance to control market regulations we must clean up the sham ASAP. In the mean time folks, take delivery, reduce holdings in GLD, SLV and futures contracts before defaults set in. For most of you, smarter than I, we better figure something out to make the physical market lead the paper market instead of the paper market manipulating the physical. Supply/demand must rule not big money and goverment greed. Any body in position to add strength to GATA, Butler, etc? I hope so!
Why Gold Prices Didn't Really Rise Last Week [View article]