free markets arent free

to a friend named...sportsfan

from previous thread you said

"Meanwhile (though not mentioned on that blog) that was the first year since 1933 that Americans could privately own gold.

Allowing private ownership uncut the whole "manipulation" theme."

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are you saying that allowing private ownership and speculation of a commodity prevents market manipulation

how about oil 16 months ago
how about silver during the hunt brothers corner
how about real estate values in the last decade

permitting private ownership is not a bar to market manipulation

CBs and their primary dealers are manipulating markets buying and selling "paper" commodities they dont have

more than a year ago i got into a heated debate with a trader about whether one could let a futures contract expire and force a physical delivery of a PM

6 months later as physical gold become difficult to buy while the spot market remained flat...many people tried to do just this and the the "ruling "was handed down that cash equivalent to the commodity had to be accepted in settling the futures contract

meanwhile in towns across america physical PMs were selling at a 10 to 15% premium over spot

gold is being manipulated

web search these tittles and see for yourself

"Is the Comex Doing Fractional Reserve Delivery of Gold?"

or this

"Commodity exchanges can dump gold debts on ETFs | Gold Anti-Trust Action Committee"

deliveries are being force-settled with paper not the commodity