Jim4silver said:
mmissinglink said:
If every market is manipulated then it's a zero sum game and those who claim that only the precious metals market is crooked are only fooling themselves.
Precious metals only conspiracy theories are a losing argument if you understand human nature.
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I've never seen anyone say ONLY PM markets are manipulated. The fact that ALL markets are manipulated is not the point. The point is that for YEARS the BS "official investigations" into PM manipulation (here in the US) would say that there was NO manipulation. Now that some of the actual "conspirators" have confessed, the original denier types are now saying, "OK, yes there is manipulation but it really means nothing, etc".
Investigators routinely find illegal activity in other markets and fine the conspirators etc, but never have in PM markets (at least not the large banks/financial institutions) here in the US. That is what makes this discovery important.
PS I don't think there is manipulation simply to keep prices down. I think the manipulation goes both ways. The problem is when such behavior is NEVER exposed and punished and is free to carry on without recourse.
Just my opinion.
Jim
"I don't think there is manipulation simply to keep prices down. I think the manipulation goes both ways. The problem is when such behavior is NEVER exposed and punished and is free to carry on without recourse."
I strongly agree with that part. Sadly, virtually everyone that I've come across who claims PM market manipulation has always claimed that the prices are ALWAYS kept down (suppressed).
I can't recall any stacker who has claimed manipulation in the metals market ever stating there's manipulation in any other market....that
IS the point. These PM conspiracy theorists spew half baked rhetoric.
As for "officials" claiming no manipulation, that's because they won't without hard evidence. If there was hard evidence and they knew about it and it's their job to point it out but didn't, then they are part of the problem.
As for the ludicrous claim that everyone who doesn't go along with a conspiracy theory is a denier, that's just nutty talk. The way the real world works is that there first has to be hard evidence not merely presuppositions or theories of conspiracy.
I suppose it must be a fun place, the conspiracy theory village.....the villagers get to claim all sorts of speculative rhetoric. And the 1 out of 25 times that the villager happens to be right he thinks he's a specially gifted guy. :lol:
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