was the gold slump manipulated?

  1. 9,081 Posts.
    The case for G7 manipilation: (Victor Hugo)

    http://www.quasimodos.com/marketrider/news.cgi?Command=2536

    And Sinclair's view (more plausible, I think):

    http://www.jsmineset.com/home.asp

    The cause is, in my view largely irrelevant. The fact is that gold is still in uptrend and the US$ is still under extreme pressure. The Middle East is explosive and gold is destined to resume its upward path (probably after a tshort ime of chart churning and consolidation).

    Then again, it has the capacity to surprise - maybe it will just catapult into the "slingshot to $400+" scenario and catch those short sellers with their pants well and truly down.
 
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