05.06.2013 - Manipulating the gold price - nice work if you can get it
Professional traders and the army of day traders who watch the gyrations of their particular markets day in and day out take it as written that markets are manipulated. Everyone is at it. In a real sense, this is simply how markets work. "Horse trading" where buyers and sellers each try to gain an advantage works if there are enough buyers and sellers out there to create the conditions for a competitive market. Anti-trust and government or pan-national organizations aimed at discovering and breaking-up cartel price-fixing activities are all about trying to ensure that markets stay competitive and prices are always under competitive pressure...............................................Full Article: Source
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