Poll - Is the price of PMs being manipulated?
derryb
Posts: 36,824 ✭✭✭✭✭
For the purposes of this poll manipulation is considered a deliberate attempt or action which creates a misleading price.
You cant see the results until you give your opinion.
You cant see the results until you give your opinion.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
it's like a rocket to the moon. Somebody in government is reading my mind and thus manipulates the price.
bob
Leonard wrote a little song about that
Of course! Old news.
Try to ride the coat tails is all we can hope to do!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I knew it would happen.
The only question left appears to be, who is more deluded, the people who still believe in and love the United States (with all its faults) , or those who don't, but still stay here anyway and voluntarily participate in what they believe to be corrupt markets?
Liberty: Parent of Science & Industry
<< <i>We read on here that everything is rigged and manipulated, that all freedom and liberty is gone, and that the constitution, the dollar, and every social and cultural institution in America are dead.
The only question left appears to be, who is more deluded, the people who still believe in and love the United States (with all its faults) , or those who don't, but still stay here anyway and voluntarily participate in what they believe to be corrupt markets? >>
Belief that markets are manipulated, that personal freedom and liberty are disappearing and that the constitution, the dollar and institutions are dying might get one added to the Baley "watchlist," but I doubt they have much to do with one's love and belief in America.
You have to much blind faith grasshopper. I'll have to side with these deluded people:
"Distrust and Caution are the parents of security." - Ben Franklin
"A government is like a fire, a handy servant, but a dangerous master." - George Washington
"History, in general, only informs us what bad government is." - Thomas Jefferson
"To sin by silence when they should protest makes cowards of men." - Abraham Lincoln
"Our lives begin to end the day we become silent about things that matter." - Dr. Martin Luther King Jr.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Liberty: Parent of Science & Industry
<< <i>it's interesting to see in the poll results that so many on the precious metals forum members think that metals prices are being manipulated higher by gloom-n-doomers, conspiracy theorists, and folks making money selling newsletter blogs and novelty metals products at premium to spot as a business for a profit. >>
Higher or lower, manipulation is manipulation.
Why don't you just write off the poll results as more internet propoganda.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Total Votes: 71
Yes
58 (votes) 81.69 (%)
No
13 (votes) 18.31 (%)
It's said that -
20% of the fisherman catch 80% of the fish, the remaining 80% of the fisherman catch the remaining 20% of fish.
I bet the 20% No voters in the poll have made money off PMs, the remaining 80% who said Yes are still waiting to make money.
<< <i>
<< <i>it's interesting to see in the poll results that so many on the precious metals forum members think that metals prices are being manipulated higher by gloom-n-doomers, conspiracy theorists, and folks making money selling newsletter blogs and novelty metals products at premium to spot as a business for a profit. >>
Higher or lower, manipulation is manipulation.
Why don't you just write off the poll results as more internet propoganda. >>
No, it's more likely "sampling bias"
Liberty: Parent of Science & Industry
Liberty: Parent of Science & Industry
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It goes as it goes, so I am trying to look at the overall view and how best to work it for me.
Anywho, no one knows for sure where its going, even if you know its fixed, or not. All the predictions were for climbs,
until short views showed lack of support. Too many variables.
So, given that, its best that "being rigged" is accounted for in your planning. So work the system.
Manipulation is such a nasty word
How bout we term it...... "subject to market forces"
<< <i>So, which one of you conspiracy nuts is responsible for last weeks silver gain manipulation? >>
That was me, working the system.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>So, which one of you conspiracy nuts is responsible for last weeks silver gain manipulation? >>
That was me, working the system. >>
Good job...How about a repeat performance for this coming week.
Silver @ $24.36.
What will the week hold?
Knowledge is the enemy of fear
I couldnt have said better myself.
Many, many people have been promised higher PM prices through fear mongering, politicizing, and indisputable "fundamentals". They are now wondering what happened to that promise. And since the story was so good, there must be a manipulative conspiracy to suppress metals prices.
I wonder what the response of people would be if one went to a baseball game and told people that gold was nearly $1500 per ounce. My bet would be, "Wow, I cant believe its so high."
Knowledge is the enemy of fear
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>I bet the 20% No voters in the poll have made money off PMs, the remaining 80% who said Yes are still waiting to make money.
I couldnt have said better myself.
Many, many people have been promised higher PM prices through fear mongering, politicizing, and indisputable "fundamentals". They are now wondering what happened to that promise. And since the story was so good, there must be a manipulative conspiracy to suppress metals prices.
I wonder what the response of people would be if one went to a baseball game and told people that gold was nearly $1500 per ounce. My bet would be, "Wow, I cant believe its so high." >>
FWIW, I'm in the 80% saying yes and I have never not made money selling PMs. Then again, I have never panic sold after a price drop.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Liberty: Parent of Science & Industry
<< <i>Confirmed, 83% of Americans feel Precious Metals are being manipulated.
I'm surprised that the results were not at 95% considering it was taken in a PM forum. You will get a similar results by taking a poll in a doomsday prepper forum, and asking: "Do you believe in the imminent collapse of the US Dollar and should I stockpile one years worth of Food & Ammo."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
is the price of PMs being manipulated For us or Against us? And how can we tell? Did they take your money? Or did you read about it on the intranets?
Looking for stories of how PM "manipulation" has affected you personally. There should be 80+ stories forthcomin?
Liberty: Parent of Science & Industry
<< <i>Wai.. wha?
is the price of PMs being manipulated For us or Against us? And how can we tell? Did they take your money? Or did you read about it on the intranets?
Looking for stories of how PM "manipulation" has affected you personally. There should be 80+ stories forthcomin? >>
It made 90% of all PM purchases since 5/2011 being underwater
<< <i>Looking for stories of how PM "manipulation" has affected you personally. There should be 80+ stories forthcomin?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Is that why some are cryin, MANIPULATION WAAA Waaaaa!
Obviously, no one who voted "No" has anything to cry about, they just think it's the market doing what markets do including attempts at gaming them short term one way or the other
Liberty: Parent of Science & Industry
If we really believed being temporarily underwater was so bad most of us would probably not have a home. Homes will be underwater much longer than recent metal purchases. "Underwater" is a temporary state in an economy loaded with money supply inflation and dollar destruction policy. If fundamentals don't do it (and they will) inflation will take care of "underwater" metals.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
In all seriousness, it really doesn't matter as none of us can change it. There is nothing we can do to change the outcome.
I am stacking for the long haul and i will be a buyer for a long time. Short term price movements only change how many oz i can buy at a given time.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Liberty: Parent of Science & Industry
<< <i>illegal "gaming" = manipulation. The practice of naked shorting (sales with no intention of ever delivering the metal) is illegal.
If we really believed being temporarily underwater was so bad most of us would probably not have a home. Homes will be underwater much longer than recent metal purchases. "Underwater" is a temporary state in an economy loaded with money supply inflation and dollar destruction policy. If fundamentals don't do it (and they will) inflation will take care of "underwater" metals. >>
Lol, what about buyers never intending to take delivery?...
Inflation makes everything go up and doesn't make pm's go up more... Lol, maybe you changed all your old theories....
For the purposes of this poll manipulation is considered a deliberate attempt or action which creates a misleading price.
For the 17% of people that responded no....they obviously didn't read the question very carefully. By answering no, you are stating that no "markets at any time, have had any deliberate attempt or action to create a misleading price."
Unless one has not been reading the newspapers for the past 5 years ($Billions in fines levied against big banks for interest rates and libor rigging, housing market rigging, commodity rigging, currency rigging, etc.)....I don't see how anyone could vote no....unless there's personal interpretations being applied of what "rigged" means. In any case, it's defined above for this poll. Some of the people that stated NO here, have stated YES in other places that "some rigging" is a part of normal market life. So is the poll just a reflection of the definition that "some rigging" is "no rigging" for the 17%. And the best rigged market of the past 2 months....driving oil down to $44. A masterful move by the masterminds. I guess the cure for low prices, are even lower prices. Though I never thought $60-$90 oil was all that high against a back drop of 18,000 Dow.
There's something much bigger coming down the pike. We'll all know what that is in due time. Fwiw, I would have voted that markets are "rigged" back in 2004-2008. It has nothing to do with 2011-2015.
NO.
Did some banks shave a few dollars on some trades? Probably.
Did lots of people lose lots of money buying PMs in hopes of "protecting" themselves and blame those losses on "manipulation" rather than accept personal responsibility? Absolutely.
Knowledge is the enemy of fear
Of course, when said investment goes up, it's in spite of manipulation and just an indication of my superior investing skill.