be used to crush the real price of Gold? Since the relative size of the Metals market is rather small as compared to stocks and bond markets. Could this bogus paper market be used to drive down the actual price of gold? With numbers like 100-1 paper to real gold bantied about. I think it very well could. if the Big Boy manipulators want to shake out Gold folks. They could drive down gold with swarms of selling, and as we know selling begets selling. The gold price could get crushed, so they could swoop in and scoop up Real Gold for cheap. i don't believe gold owners have very serious conviction. Dharma, you just mentioned it's a trade. A trend trade. But how much pain will you really take? How low until you say Uncle? You may just find out. If they drove gold down to $500 an ounce, where will you be? Remember what they did to the stockmarket in 1987? Crushed it. they COULD do it to gold, I have NO stops. Foolish me.
Can the BS paper gold market...
Started by
cgnx
, Apr 26 2012 10:46 AM
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#1
Posted 26 April 2012 - 10:46 AM
If it can be cornered, it will.