thannagan

Gold Price Manipulation: So What?

If you sell gold (no matter who "you" are, or why you're doing it), you are buying a (probably your own) currency. "You" may be doing this as much to prop-up your currency as to negatively affect the price of gold. And "you" may be doing it because of a need rather than a desire. The "manipulation", if that's what it is, tells two stories, doesn't it. Besides, gold has been in a rletively flat pattern for some time. Nobody has moved it a lot, for long - yet. Would you rather have more currency of the purported sellers or the gold they are dumping?

Why Gold Stocks Failed (And Why I'm Still Holding On)

Don't miners make their profit on the margin of market price above their cost of production? If so, small moves up or down in the market price will have a more dramatic effect on miner's profit. Theri stocks reflect their earnings potential - not just their production volume.