Manipulation
Here is one Goldophile’s experience and opinion of Manipulation in the Gold Market .
IF you really believe the Gold Price is manipulated 24/7….don’t play !
GATA has had “Proof” for years ! Volumes and Volumes of iron clad “Proof”…and they were screaming manipulation all thru the Bull run of the naughties..
If that was Manipulation…it was upward manipulation I guess…because if they tried to supress the price from 2001 to 2011 they were miserable failures ! It really was a great rush watching gold go from 250 to 2000 in 10 years all the while screaming “Manipulation….Death to the Cretins ”
I don’t say this lightly as I was a charter member of Bill Murphy’s Lemetropole Café….1998 …..lots of good entertainment …BUT in the end the manipulation scheme is useless information mixed with useless disinformation….and there is a LOT of it….I mean How many times have we been expecting a Comex Default for instance….every year for 20 years.
Manipulation talk Is a distraction, doesn’t ALLOW you to make money in the PM Markets….too much Emotion !
Manipulation gets very very old….same theme every day….the Bastards did it again!
Manipulation is in the eye of the beholder….lots of smart folks on either side of the debate
One thing I never understood …If GATA et all are so Certain the bias in Gold is always down because of the “cretins|”
Why were they always Long…and cheerleading us to remain long…even all thu this bear Phase.
Bottom line lots of good folks got hooked on the Gold Manipulation Theme and lost fortunes because of the relentless Bull only mentality.
Another thing I never understood… Gold trades WITH many other markets in general…. Oil Commodities Currencies, Utilities , Bonds….so if gold is manipulated everything else MUST be as well….ESPECIALLY the YEN…
Anyhow you manipulation guys got me going ….I was a HUGE GATA supporter for years and years…I read 100% of everything they put out…great entertainment….but if you want to profit ….trade with TA and ignore what you think you know ( cause you don’t know $%^T….)
Gosh Fully, tell us what you really think!
I’m with the everything is camp otherwise the CB’s would have let 2008 take it’s course. Doesn’t mean they aren’t markets and not everyone is on the same side of the trade Europe, Asia, Latin America, Russia and North America the money eventually flows regardless of resistance. The market will eventually win it has since the dawn of time. Anticipate the flow.