To: Fitzcarraldo
Gold is a small market, easy to manipulate. The gold bugs claim some major banks have a position in derivatives that require around $300/oz in the fall, who knows. I did notice when Ron Paul tried to question Greenspan on gold manipulation they suddenly ran out of time.
8 posted on
07/24/2002 8:39:20 AM PDT by
steve50
To: steve50; Poohbah; Miss Marple
Wasn't there an attempt to corner the silver market a while back? IIRC, they almost pulled it off.
12 posted on
07/24/2002 8:42:50 AM PDT by
hchutch
To: steve50
This is a major reason the metal should not be monetized.
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