Originally Posted by mhgaffney
Brit evidently thinks the collapsed gold price is the result of market forces at work.
How then to explain why the demand for gold has never been higher. High demand should have driven up the price. Hmm...
This tells us the collapse has been engineered.
A friend thinks that the banksters are attempting to take control of various gold mines -- by driving them into chapter 11 -- or forcing them to close down -- or by making their stock so low they simply buy it up cheap.
In short -- it's a scam -- a rigged game.
This kind of manipulation of the market is illegal. Are we a nation of law? Evidently not -- when banksters can get away with this.
Gaffney, you have no idea what you're talking about. However, Buffet was talking about people like you.
He nailed it.
They want everybody to get so scared they run to a cave with gold. Caves might be a better investment than gold. At least they’re not producing more caves all the time. So they want people to be as afraid as they are.