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Gold Price “Manipulated For A Decade”, Repeatedly Slammed Lower, Bloomberg Reports

February 28, 2014

I think the majority of us know or at least expect that the gold market is manipulated, just like pretty much every other commodity market. We see billions in fines being paid every year by the big banks for their roles in manipulation schemes. These fines however do not stop the perpetrators and why should they, it is the cost of doing business when you make billions and if something goes wrong you have the Fed to bail you out. Manipulation can be a great talking point but my question always is, how can we make money with this information?

Here is the latest article from Zero Hedge focusing on a Bloomberg story today that outlines the manipulation in the gold market. Click here to read the story.

 

Discussion
9 Comments
      Feb 28, 2014 28:59 PM

      DISS IS REAL NEWS BOYS ! BUY GOLD THANKS ANDREW DE BERRY !

      Feb 28, 2014 28:51 PM

      The URL needs a 3 adding to the end folks!

    Feb 28, 2014 28:23 AM

    Are you a gold bull, CFS?? Or you just opportunistic on any trade you can systematically digest and take advantage of using your vast array of computer diagnostic savvy, intelligence and acute decision making abilities?

    Feb 28, 2014 28:23 AM

    off topic – weather

    It doesn’t much matter if you’re talkin’ “C” or “F” … it’s pretty much the same at this point.

    I wonder if this qualifies for “March in like a lion”?
    http://i59.tinypic.com/9ab97p.jpg

    Mar 01, 2014 01:05 AM

    HH is MIA.