Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

overtheedge
Member since May 2012
680 commentaries - 6 followers

6 followers

has posted a comment on the article :

James McShirley: Kitco inadvertently acknowledges that the gold price is suppressed - Chris Powell - GATA

"Neils and Peter both just inadvertently admitted manipulation without ever saying the "M" word. "

No they didn't admit manipulation. They said exactly what they said.
GATA parsed their statements and then manipulated what was said to reflect GATA's mantra.

Perhaps the perceived minor shortage of coins is only due to a shortage of coin blanks.
This would suggest a bottle-neck in the manufacturing process but in no way provides evidence of an actual metal shortage.
Nor does it lend credence to the idea of illegal market manipulation.

There is just one rule to learn.
Every participant in every market attempts to manipulate the transaction in their favor.
Some are more successful than others.
Never forget that economy of scale includes market transactions.
Ergo small players have a much smaller effect in their manipulative endeavors.

Commented 3176 days ago

Send

Beginning of the headline :How do you mention manipulation without actually saying it? Well, if you work for Kitco and your name is either Neils Christensen or Peter Hug you do it this way: http://www.kitco.com/news/2015-08-03/U-S-Mint-Reports-469-YoY-Increase-I... Christensen: "The one bright spot for the precious metals market appears to be the physical market as the U.S. Mint reported a 469-percent increase in July coin sales compared to last year." Then Christensen hands it off to Hug: "It is not just the mint that ha... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis