Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
This guy doesn't like precious metals.
>
Reply to Thread
Message:
<p>[QUOTE="Troodon, post: 1635952, member: 4626"]Never argued that they didn't do that. You were the one who implied that they manipulated silver prices, and well, there's just no evidence that they do, want to do, or even can (to any significant degree anyway), do that. I think the limits to their supposed manipulation is even more than you think it is. You just can't corner the entire precious metals market, even if you wanted to. There's too many buyers and sellers not under the control of any government.</p><p><br /></p><p>But governments can influence precious metal prices in a sense. If they take fiscal actions that investors think is bad for the stability of the economy, it makes precious metals a desirable alternative for investors rather than stock in companies they think will be harmed by economic weakness or poor fiscal management. High inflation caused by loose monetary policies and excessive spending and/or borrowing also makes precious metal demand go up. You want to call that manipulation, go ahead, but I doubt it's what governments are really aiming for lol... it's certainly affected by government policies, but not directly and not intentionally. I seriously doubt anyone in any country's government is thinking "let's make the economy worse so gold prices go up." Not unless there's several countries being led by James Bond villains.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1635952, member: 4626"]Never argued that they didn't do that. You were the one who implied that they manipulated silver prices, and well, there's just no evidence that they do, want to do, or even can (to any significant degree anyway), do that. I think the limits to their supposed manipulation is even more than you think it is. You just can't corner the entire precious metals market, even if you wanted to. There's too many buyers and sellers not under the control of any government. But governments can influence precious metal prices in a sense. If they take fiscal actions that investors think is bad for the stability of the economy, it makes precious metals a desirable alternative for investors rather than stock in companies they think will be harmed by economic weakness or poor fiscal management. High inflation caused by loose monetary policies and excessive spending and/or borrowing also makes precious metal demand go up. You want to call that manipulation, go ahead, but I doubt it's what governments are really aiming for lol... it's certainly affected by government policies, but not directly and not intentionally. I seriously doubt anyone in any country's government is thinking "let's make the economy worse so gold prices go up." Not unless there's several countries being led by James Bond villains.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
This guy doesn't like precious metals.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...