GOLD 0.51% $1,391.7 gold futures

plunge protection team ..

  1. 24,765 Posts.
    Shock. Horror.

    The CNBC hosts were quite uneasy when a guest actually said that the Plunge Protection Team has manipulated share prices up on a number of days and mentioned the days.

    I wonder if he will be invited back any time soon?

    This guest also added, "Why not push up the S&P? They are quite open about intervention in the currency markets."

    Needless to say the CNBC hosts said there's no proof that the Plunge Protection Team has intervened in the stock market.

    Now all we need is CNBC guests to have the courage to say on air in public that the gold price is also being manipulated.
 
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