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<p>[QUOTE="jolumoga, post: 1805244, member: 41780"]I admit I was not clear in the post you responded to. What I meant to say is that my <i>working assumption</i> is that the markets, all markets, are manipulated. My intent was not to make any affirmations on actual illegality committed, since I am not a lawyer, but rather to point out that more rigorous laws (or their enforcement) are needed. </p><p> </p><p>Regarding the abandonment of the market by retail and other traders, I should point out it's not just PM investors who have done so. I saw an interview some months ago of Mark Cuban, a billionaire software pioneer, complaining about market manipulation by HFT and the lack of transparency it has brought to the markets. My point is that it is not <i>just</i> Ted Butler grousing, though he does so specifically regarding silver. At the very least, there should be an acknowledgement, in my view, that Mr. Butler is not unusual in his views of market manipulation.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1805244, member: 41780"]I admit I was not clear in the post you responded to. What I meant to say is that my [I]working assumption[/I] is that the markets, all markets, are manipulated. My intent was not to make any affirmations on actual illegality committed, since I am not a lawyer, but rather to point out that more rigorous laws (or their enforcement) are needed. Regarding the abandonment of the market by retail and other traders, I should point out it's not just PM investors who have done so. I saw an interview some months ago of Mark Cuban, a billionaire software pioneer, complaining about market manipulation by HFT and the lack of transparency it has brought to the markets. My point is that it is not [I]just[/I] Ted Butler grousing, though he does so specifically regarding silver. At the very least, there should be an acknowledgement, in my view, that Mr. Butler is not unusual in his views of market manipulation.[/QUOTE]
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