Journal zogger's Journal: Precious metals market rigging 1
An interesting article and series of email exchanges with a metals markets insider and his attempt to whistleblow about how the markets are manipulated by big traders.
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Precious metals market rigging
Intel CPUs are not defective, they just act that way. -- Henry Spencer
That's why I laugh... (Score:2)
That's why I laugh at one of my co-workers, who has in many ways been on the same "the dollar is doomed" kick as you are - not because he believes the dollar is doomed (so do I), but rather his response, which is to "buy 'gold'". I've pointed out that he doesn't really own gold, he owns pieces of paper that promise-pinkie-swear to deliver to him some gold under some circumstances.
Given the statements in the linked article about how many of the metals companies are over-committed and more paper than metal (i