Overall, Wall Street wants this, because Bitcoin would be better squashed flat, except the realization that it cannot be realistically done has now been and gone.
squashed flat in terms of
price?
I meant in the Wiley Coyote way, lol
what's your take on the age old claims of manipulation in the gold market? commingling/rehypothecation to inflate the paper supply, leveraged shorting schemes to keep a lid on prices, etc. with gold pricing so highly centralized by the london bullion market and comex, it seems conceivable.
tough topic.
the trouble is, perhaps the last people we should listen to on this topic are the prominent voices protesting naked-shorting manipulation. If you've seen these people doing their thing over the years, I find the most interesting co-mingling to be when guests talking straight gold price manipulation get mixed together with guests telling me about lizard-people aliens guarding the Vatican. The credible tellers of stories about gold manipulation
k-n-o-w, must know, that they're being interviewed alongside people that just suddenly slip in unrelated details that sound like they were taken from the plot of a Marvel comics movie.
To wit, gold market tale-teller Catherine Austin-Spaceships (
) once spent a half hour talking about trillions of dollars of missing money in US gov departments, then suddenly for no apparent reason, dropped this line:
"...and did you know, there are spaceships fueling up using the rings of Saturn?"...and went straight back into talking about detailed legislation involving unaccountable US government audit trails
There's a whole bunch of mystics, clairvoyants and tarot card readers who involve themselves in the gold market stories, and it
is a psychological trick to put you off or to distract you with nonsense. It's hard to find anyone
with apparent credibility that hasn't associated themselves with someone who has none. So, I've heard plenty of stories, but the evidence is thin. Not that there's no evidence, just that there's a big incentive to kick up a massive, multi-layered smokescreen. I mean shit, these people are just lining up to tell you untold secrets about "real" money; when you really stop to think about it, the motivations of the person telling you should be closely scrutinized. Anyone with who knows anything important is probably either too wise, scared or greedy to start talking in public, maybe we'll find out something more concrete when it no longer matters.