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<p>[QUOTE=&quot;InfleXion, post: 2208625, member: 29012&quot;]What I said is they were targeting a desired amount of price reduction, not a particular price point. Sentiment is just as important as price. The goal is to make the asset look bad. For some reason I have a feeling you know this already. You seem to have the same agenda.</p><p><br /></p><p>Gregory Mannarino covered the huge amount of paper gold dropped on the market recently as &quot;market orders&quot; which literally means &quot;sell at any price&quot;. Nobody does this without intent to lower the price. Otherwise they would use a &quot;limit order&quot;.</p><p><br /></p><p>So now you don&#039;t have to argue with me. You can argue with somebody who knows more than either of us.</p><p><br /></p><p>[MEDIA=youtube]QnrNHCYV1Bs[/MEDIA]</p><p><br /></p><p><a href="http://seekingalpha.com/instablog/29482055-gregory-mannarino/4205865-how-overt-manipulation-of-the-paper-gold-and-silver-market-is-done" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://seekingalpha.com/instablog/29482055-gregory-mannarino/4205865-how-overt-manipulation-of-the-paper-gold-and-silver-market-is-done" rel="nofollow">http://seekingalpha.com/instablog/29482055-gregory-mannarino/4205865-how-overt-manipulation-of-the-paper-gold-and-silver-market-is-done</a></p><p><br /></p><p>I think you also missed the memo that the Fed stated they would postpone a rate hike until next year.</p><p><br /></p><p><a href="http://www.bloomberg.com/news/articles/2015-07-08/fed-looks-set-to-postpone-rate-increase-amid-greece-turmoil" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bloomberg.com/news/articles/2015-07-08/fed-looks-set-to-postpone-rate-increase-amid-greece-turmoil" rel="nofollow">http://www.bloomberg.com/news/articles/2015-07-08/fed-looks-set-to-postpone-rate-increase-amid-greece-turmoil</a></p><p><br /></p><p>Additionally, I have not lost any money because I have not sold any metal for a loss. It&#039;s called mathematics, not kool-aid. Now if you were to say my net worth has dropped somewhat, you could argue that, except for the fact that I&#039;ve made enough money to offset the drop in price. But you don&#039;t even know why I stack. It isn&#039;t to make money. It&#039;s to preserve wealth for my retirement in 30 years and to have tangible assets that can&#039;t be stolen by computer shenannigans.</p><p><br /></p><p>Full disclosure, my DCA is $24/oz, and half of my stack will not sell for less than $30/oz because I target semi-numismatic plays which are close to spot but have great potential to rise. So I am truly at break even. It&#039;s a good thing I don&#039;t play with paper and instead deal with the real thing. This year for example I&#039;ve been buying tubes of 2015 Somali elephants for less than $20/oz. A year from now they will be selling for double, but you won&#039;t catch me selling them.[/QUOTE]</p><p><br /></p>

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