"I personally believe that the gold price can only be manipulated to a point otherwise why not short the baloney out of it and pull it right back down to $400????"
afternoon all
to a point yes - but that point could be a long way up or down - remember the Hunt Brothers.
Also, gold must eventually be at least the cost of mining.
Yes, true -- but 'eventually' can be a bloody long time - many commodities can and do stay below the production cost for years.
I would like to see a higher and rising gold price - it would suit me ---------- but I have to say if there are really manipulators and they are as big as is suggested - these people have very deep pockets - possibly as deep as they want ----------- if they want it manipulated - it will be manipulated - for longer than it takes for us to get bored unfortunately.
have a great day all
Pinto
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