Gold bugs should not focus too much on the manipulation aspect of gold trading. It is just part of the cut and thrust of market activity where all parties act in their own interest. Factor it into your investment strategy rather than rail against it as something alien.
That certain parties are opposed to gold's rise is based on their perception of the negative outcome that would result to their position in the market.
Once you recognize that then you can make your gold plays with that in mind.
I am guilty of market manipulation in that sometimes I put a sell order in to try and weigh down the sell side of market depth in the hope that the price will fall further and I can pick up stock at a cheaper price. It is just the game.
Get over it.
- Forums
- ASX - By Stock
- GOLD
- hmmmmm
hmmmmm, page-16
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
NEWS
Is oil undervalued?