Author: Lawrence Williams
Posted: Thursday , 03 Oct 2013
LONDON (MINEWEB) -
There are, and always have been since I’ve been following it, strange goings on in the gold and silver markets. Manipulation is rife – but whether this is by traders, commercial bankers, central banks, other government entities – or a combination of all of these remains unclear. Probably all have had a hand in the continuing volatility of the gold price – and through its close association that of silver too. But then manipulation is rife in any open market you care to name.
That’s the way the game is played in these days of high frequency trading with absolutely enormous quantities of paper assets being used to manipulate virtually any market for the purposes of financial gain – or perhaps for political reasons too in the case of gold. ...