Message:

<p>[QUOTE=&quot;jolumoga, post: 1810072, member: 41780&quot;]There is a lot of animus in the debate over PM manipulation.&nbsp; I have said before that I have taken a hit, like many, with the drop in PM prices, but at the end of the day it is my responsibility in making the decision over where I put my money.&nbsp; So I won&#039;t fault GATA, YouTube fanatics, or the local salesman.&nbsp; I do think that even when people are essentially wrong, they may have good points.&nbsp; Personally, and I don&#039;t care to beat this dead horse, I don&#039;t think there is a conflict between buying PMs and believing their prices are manipulated.&nbsp; PM investors are taking a gamble, from their perspective, that the manipulation -- or at least the manipulation downward -- will soon end. </p><p>&nbsp;</p><p>I have said that the PM market is probably rigged, but not in a manner that distinguishes it fundamentally from other markets.&nbsp; This rigging is <i>probably</i> illegal, but that&#039;s the nature of the world and it&#039;s simply part of the information we must filter when we make personal decisions.&nbsp; Though the odds are more stacked against the individual investor than ever, it probably means only the very brightest will make big returns in the face of insider trading, manipulative algorithms and unlimited capital from competitors in a zero-sum game.&nbsp; It&#039;s like poker: generally, there is an advantage for the person with the most chips.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in