December 05, 2010

Conspiracy Theory & the World Gold Prices

In 2000, GATA filed a lawsuit in America over what they called a "gold market manipulation activities in the orchestration by the government official beyond legal and constitutional authority that involves them actively in the bullion banks who Commodities Exchange (COMEX), New York".

 
Although this suit in his court aground early 2002, but the conspiracy theory is still roaming in the world gold market - without ever proven. The core of this conspiracy theory is the U.S. government concerned to portray the value of U.S. $ which is high and inflation is under control from time to time - then they need to 'control' of gold prices because world gold prices may reflect what actually happens to the value of the purchasing power of the eye money and inflation.


 
Among those who had this conspiracy theory even personify the government with the nice man who worked in aftermarket gold - ie market activity outside the official market. They like working in the aftermarket because of the volume is small so do not need big capital for the trick.


 
I did not managed to convince myself that this conspiracy did exist, per-book's last gold came to my desk "Investing In Gold" (Jonathan Spail, Mc Graw Hill, 2009), which among other things, includes an article about the Conspiracy Theory even this - not very objective because it feels more like a defense of 'insider' who has worked at institutions that are demanded by Gata above.


 
So basically this Conspiracy between being and not, say no, but why can not prove its existence. Not spelled out why its existence is sometimes can be perceived by market players, even 'taste' is never so strong as to Gata dare take him to court.
 
But for those of us who try to introduce Dinar widely, the presence or absence of conspiracy to trick the international gold price can actually be utilized. If they intervene, which means that gold prices will be lower than they should - we make it a good time for us to buy gold / Dinar.


 
These days very high gold prices in international markets, to U.S. $ which is more powerful, was not impervious to buy gold at a good price. So why the Nice Government Men do not act against the gold price in the aftermarket that the gold price fell and the dollar improved?.


 
The possibilities are many, first maybe they do than the original does not exist. Both maybe they've run out of capital for market intervention. Third again maybe they do not feel the need to intervene into the gold market because after all look mighty U.S. $ is in the other paper currency.


 
Correct any of the three possibilities are good for the world gold market, which runs the market what it is ... without any party playing to its own interests ... And Allaah knows best.