i don't about all these, but yes i think manipulation is going on..
1. Yes only seller tells about manipulation but they are the smaller ones. The bigger ones don't that. They simply trade. And why do you think these seller would want to get higher prices, they are making profit from the margin in buy and sell price, not from the prices going high. That would be around the same at low prices, i think margin will be lower at high prices. So, its not in there favor.
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2. Yes its been up for decades, but only now people have started noticing it. So, now is the turning point.
3. See there will be people against it and there will be people in favor. This happens all the time, i am in favor.
4. In my opinion there won't be a sudden jump in its value in normal market condition. Like you wake up next day and it just reached the moon. The sudden jump will accompany with some kind of economic/market collapse. And fear in the people will drive the value exponentially.
Topic: Price of gold manipulation - page 12. (Read 17900 times)
Sorry for the worthless post, I just wanted to add that I am also interested in these questions. Thanks for bringing it up.
Well ok, if you are interested than whats your take on this? What do you think about it? Whats your oppinions?
BTW i also thought about next thing that doesnt add up... If the price of gold is manipulated, than what about all the mines that are producing it... i belive its in their best interest to make the truth come out, so why hasnt it? Or are the price suppresion people "stronger" than the gold mines?
Sorry for the worthless post, I just wanted to add that I am also interested in these questions. Thanks for bringing it up.
Please read and answer only if you know something about this topic, stupid posts not regarding topic or posts from people who dont know about the issue are worthless.
So do you belive (the ones who know something about the topic) that the gold price is manipulated? I want a discussion here because i dont know any other similiar forum where i can raise the issue. How do you know it? Because people on the internet told you so? And that the facts interpreted in one way point to so?
I "know it all", the FED germany repatriation problem, the faked tungsten bars few years ago, the China buying of gold, the LIBOR riging, the supposed FOREX rigging the Comex supposed manipulation of the gold price etc. The price of gold in future ranging from $5000 to $50 000 USD...
Do you think its possible? Will the price of the gold explode in the future?
Whats true, whats possible, and whats maybe false...:
1) FED germany gold repatriation problems. This is 99,9999% true, two options: a) FED doesnt have to gold b) FED has the gold but doesnt want it give back and expect some BIG event in the near future, following which it will publicly tell that it will keep the gold of other nations. This problem is real. On the other hand FED can somehow handle this fraud, return it all to germany, the fraud even obvious to some, will never be really exposed and will continue for several years again...
2) The gold bars in FED vaults (if any) are tungsten fakes. I belive this also, its a reasonable thing to do if the previous one is true.
3) China is not reporting the correct number of their gold holdings which are higher. Yeah i belive that also, why wouldnt they, but i think the real ammount might be exaggerated.
4) The goal of manipulation is to support the role of $ as the reserve currency (and not to tempt states to buy gold reserve instead of dollars). This seems also possible...
What doesnt seem to add up:
1) The gold manipulation is promoted somehow mainly by the people connected to the gold bussines (selling gold etc.), i dont belive the mainsream media a lot, but why should i really belive the sellers of gold either? They have their own conferences and it is possible they themslves created this "conspiracy theory" to keep the price of gold up?
2) The gold manipulation should have been ongoing for DECADES (!!) Do you think it is really possible for it to be going this long...? (on the other hang look at Bernie Maddof...)?
3) Jim Rogers (you should know him) says that he doesnt belive in the gold price manipulation, and he seems very wise, experienced, wealthy and honest... so he should know... Also i think Marc Faber doesnt belive in it either (as far as i know)?
4) The predicted future gold price seems to much dreamy and it gives me a vibe of a "get rich quick scheme", which doesnt ever work... On the other hand, bitcoin (something new and really not physically existent) has appreciate like 84 times just in the year 2013, so i gues gold could get to the $10 000, $15 000, or even $50 000... (thats "just" 38,4 times) But still i have a hard time beliving it...
5) People say all the time that china might emerge with a gold back currency and is buying into gold so much for this reason, but is it true? Isnt china just buying gold for diversification away from dollar? Isnt china also buying real estate around the world, companies, other currencies... Isnt gold buying just a part of this goal to diversificate the state wealth? And didnt "gold bugs" just use this to falsely imply the reason behind buying gold. Why would china really wanted to back their currency by gold?
6) Paper claims on existing gold in COMEX are much higher (like 69 people are "paperly" owning the same ammount of 1 oz of gold. Is it possible? People say that comex vaults doesnt have all the physical gold that is beeing sold at the exchange. But doesnt COMEX sell future gold contracts, that means the claims on future mined gold, so its quite clear that they cannot have the gold yet physically allocated, this is normal futures trading as far as i know, nothing special... Or doesnt the comex sell gold futures?
7) If it all pops, does it really mean that the price of gold HAS to go so high? Why just not triple or double?
So what do you think? I would love to belive that the GOLD is really manipulated, and i would love the see its price to sky-rocket, but there are serious problems with this claims...
Whats your claim on this?
So do you belive (the ones who know something about the topic) that the gold price is manipulated? I want a discussion here because i dont know any other similiar forum where i can raise the issue. How do you know it? Because people on the internet told you so? And that the facts interpreted in one way point to so?
I "know it all", the FED germany repatriation problem, the faked tungsten bars few years ago, the China buying of gold, the LIBOR riging, the supposed FOREX rigging the Comex supposed manipulation of the gold price etc. The price of gold in future ranging from $5000 to $50 000 USD...
Do you think its possible? Will the price of the gold explode in the future?
Whats true, whats possible, and whats maybe false...:
1) FED germany gold repatriation problems. This is 99,9999% true, two options: a) FED doesnt have to gold b) FED has the gold but doesnt want it give back and expect some BIG event in the near future, following which it will publicly tell that it will keep the gold of other nations. This problem is real. On the other hand FED can somehow handle this fraud, return it all to germany, the fraud even obvious to some, will never be really exposed and will continue for several years again...
2) The gold bars in FED vaults (if any) are tungsten fakes. I belive this also, its a reasonable thing to do if the previous one is true.
3) China is not reporting the correct number of their gold holdings which are higher. Yeah i belive that also, why wouldnt they, but i think the real ammount might be exaggerated.
4) The goal of manipulation is to support the role of $ as the reserve currency (and not to tempt states to buy gold reserve instead of dollars). This seems also possible...
What doesnt seem to add up:
1) The gold manipulation is promoted somehow mainly by the people connected to the gold bussines (selling gold etc.), i dont belive the mainsream media a lot, but why should i really belive the sellers of gold either? They have their own conferences and it is possible they themslves created this "conspiracy theory" to keep the price of gold up?
2) The gold manipulation should have been ongoing for DECADES (!!) Do you think it is really possible for it to be going this long...? (on the other hang look at Bernie Maddof...)?
3) Jim Rogers (you should know him) says that he doesnt belive in the gold price manipulation, and he seems very wise, experienced, wealthy and honest... so he should know... Also i think Marc Faber doesnt belive in it either (as far as i know)?
4) The predicted future gold price seems to much dreamy and it gives me a vibe of a "get rich quick scheme", which doesnt ever work... On the other hand, bitcoin (something new and really not physically existent) has appreciate like 84 times just in the year 2013, so i gues gold could get to the $10 000, $15 000, or even $50 000... (thats "just" 38,4 times) But still i have a hard time beliving it...
5) People say all the time that china might emerge with a gold back currency and is buying into gold so much for this reason, but is it true? Isnt china just buying gold for diversification away from dollar? Isnt china also buying real estate around the world, companies, other currencies... Isnt gold buying just a part of this goal to diversificate the state wealth? And didnt "gold bugs" just use this to falsely imply the reason behind buying gold. Why would china really wanted to back their currency by gold?
6) Paper claims on existing gold in COMEX are much higher (like 69 people are "paperly" owning the same ammount of 1 oz of gold. Is it possible? People say that comex vaults doesnt have all the physical gold that is beeing sold at the exchange. But doesnt COMEX sell future gold contracts, that means the claims on future mined gold, so its quite clear that they cannot have the gold yet physically allocated, this is normal futures trading as far as i know, nothing special... Or doesnt the comex sell gold futures?
7) If it all pops, does it really mean that the price of gold HAS to go so high? Why just not triple or double?
So what do you think? I would love to belive that the GOLD is really manipulated, and i would love the see its price to sky-rocket, but there are serious problems with this claims...
Whats your claim on this?
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