Wednesday, March 28, 2012

Gold is Manipulated (But That's Okay)

Gold is Manipulated (But That's Okay): Evidence for Price Manipulation

Critics of the idea of price manipulation might scoff and ask, if gold is manipulated as you say, then how do you account for the 590% price increase over the past 11 years?

The idea here is that if gold were manipulated or controlled, there's no way it would have 'been allowed" to increase by that much.

In the above chart, we can see that gold has been in a remarkably steady run for the past three years. It is almost as if a ruler has been drawn under the price of gold, which has rarely deviated by much from that trajectory.
 

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