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Somebody pulled the plug on PMs again...
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<p>[QUOTE="InfleXion, post: 1270440, member: 29012"]Andrew MaGuire has more than enough evidence on the Internet, which is the basis for this lawsuit for anyone who would like to research it. He called the manipulation prior to it happening, and then it happened the way he said it would. You're right the lawsuit itself isn't proof, but the proof is out there. </p><p><br /></p><p>As far as the boogey man, well, call it what you like, but gold, silver, and copper margin hikes went into effect today. The price action we are seeing is not the result of free market forces. </p><p><br /></p><p><a href="http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins" rel="nofollow">http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins</a> </p><p><br /></p><p>I do not believe silver is the only thing being manipulated, but it's the only thing I have seen empirical evidence for. </p><p><br /></p><p>Also, PM investing is not just commodity trading. Gold is widely accepted as an alternative currency and a hedge against inflation. This is nothing new, and these properties are unique to precious metals among commodities. To put precious metals in the same category as wheat or oil would be like putting dollars in the same category as printer paper.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1270440, member: 29012"]Andrew MaGuire has more than enough evidence on the Internet, which is the basis for this lawsuit for anyone who would like to research it. He called the manipulation prior to it happening, and then it happened the way he said it would. You're right the lawsuit itself isn't proof, but the proof is out there. As far as the boogey man, well, call it what you like, but gold, silver, and copper margin hikes went into effect today. The price action we are seeing is not the result of free market forces. [url]http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins[/url] I do not believe silver is the only thing being manipulated, but it's the only thing I have seen empirical evidence for. Also, PM investing is not just commodity trading. Gold is widely accepted as an alternative currency and a hedge against inflation. This is nothing new, and these properties are unique to precious metals among commodities. To put precious metals in the same category as wheat or oil would be like putting dollars in the same category as printer paper.[/QUOTE]
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Somebody pulled the plug on PMs again...
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