in our wildest nightmares ..., page-36

Iamoracle posted:

"It amuses me that it doesn't appear to concern most gold bugs posting here that it requires the mere destruction of the world as we know it for the gold price to surge and make them "rich". Probably reassures them that they will be seen to be the smart ones!"

My comment:

You are WRONG. 100% WRONG in my opinion.

All that is needed is for the gold market to be free from blatant manipulation - the blatant manipulation that is getting increasing publicity because GATA and others have shown beyond reasonable doubt it exists.

The amazing thing is that even paper bugs admit currencies are "managed," but when it comes to gold the majority claim the market is free from any sort of manipulation, that gold trades on its true merits.

What a laugh, just as Comex and the misleadingly called London Physical Market are - where as we have seen from the recent CFTC hearings every 100,000 ounces of "paper" gold traded is backed by 1,000 ounces of physical.

The simple fact of the matter is that gold trading should NOT be liquid. There is not that much real physical gold availble to buy because the real sellers are not selling at these low paper prices.

Creating a liquid paper market in gold where settlement need not even be in physical gold but paper cash - with millions of ounces of "paper" masquerading as gold is the ultimate paper bug ploy in price manipulation.

It bears as much relationship to real physical gold as a Tiddlywinks futures market.