All4one, I have never said the US is manipulating gold through banks. I said banks have been caught illegally manipulating precious metal markets. In fact the only bank I am aware of that has been proven to do this is a British bank, Barclays. Although I am confident there will be more. In regards the other markets such as the bond market the Fed is quite open about what they are doing & I believe the term I used was intervention not manipulation. Its like the RBA selling AUD to lower the currency. Is it illegal? No. Is it manipulation? Maybe, but I prefer to use the term intervention. I really don't think the US government gives two hoots about the silver price. It is such a ridiculously small market that does not have the same cogitation in regards financial health such as gold does. In fact if I asked most people on the street they probably wouldn't know if silver was trading at $10, 20 or $30 such is its significance.
I also didn't say that 'they' (whoever they is) wouldn't possibly manipulate the silver market. What I said was I don't think banks would be manipulating the market NOW, due to the spotlight i.e. investigations on this very behavior.
So not for the first time, you stating things I have never said & jumping to quite incorrect conclusions. My main point was that if you are blaming the crash from $50 in silver on bank manipulation then you are just looking for excuses & are delude stand by that.
Funny how no one questioned the banks when silver & gold was rocketing & it was quite likely back then they were involved in manipulating the price of both higher. But you will never hear that on this thread.
All4one, I have never said the US is manipulating gold through...
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