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J.S. Kim - All markets are manipulated

derrybderryb Posts: 38,420 ✭✭✭✭✭
in Precious Metals
Makes a good argument as to why there is no such thing as a "free market." By controlling supply or demand (or both), the manipulator profits. Pretty good read for those who are open to possiblitilies:

Inside the Illusory Empire of the Banking Commodity Con Game

When gold and silver move together, it signals the coming end of fiat money.

Comments

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image GREAT new avatar derrybimage
    Avid collector of GSA's.
  • derrybderryb Posts: 38,420 ✭✭✭✭✭


    << <i>image GREAT new avatar derrybimage >>


    This was my second choice:

    image

    When gold and silver move together, it signals the coming end of fiat money.

  • roadrunnerroadrunner Posts: 28,356 ✭✭✭✭✭
    Besides no free markets we also have:

    -there are no investments any more, it's all about speculation.
    -there is no such thing as a risk free investment, not cash, not bonds, not anything. Well, the one exception mentioned in the article were the banks getting 3% interest from the FED which is then leveraged up 20X to make 60% on the taxpayers. About as risk free as you can get.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derrybderryb Posts: 38,420 ✭✭✭✭✭
    Investments have always been nothing more than speculation.

    When gold and silver move together, it signals the coming end of fiat money.

  • CaptHenwayCaptHenway Posts: 33,379 ✭✭✭✭✭
    There's an old saying, "If you sit down at a poker table and you can't figure out who the sucker is, the sucker is YOU!"
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Author of "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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