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'Gold breaks down by some $80' gold bugs

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Gold breaks down by some $80

-- gold bugs
Forum Post
02/03/09 14:28
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Gold breaks down by some $80

For the most part, the Gold Bugs believe that the U.S. authorities along with private investors have been manipulating the gold market for years. This is referred to as the Gold Cartel.~~

When you have open interest rapidly rising, or the volume of outstanding contracts, there would be a new actor present it seems.

This concept isn't at all outlandish if you consider the manipulation of every other aspect of life by the government.

Link: Gold bounces back - MarketWatch


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