[BobbyT]

So they sold at (what they think is) the high.

They’re taking a risk, and if they’re correct in their prediction they’ll be rewarded. If they’re incorrect, they’ll pay the price.

How is this manipulation? Anyone who holds the same view and has the balls to put their money on the line can take the same position and reap the same reward...or take the opposite position if they think the reverse.

[TigerLikesRooster]

If their agenda is just to predict the market movement and make money out of it, it won't be much of a problem. However, if the goal is to control gold price in order to protect other kind of financial markets, and they have enough control over the market, then it could be called manipulation.

It is like Fed's interest policy. It is called intervention but is also a manipulation. However, Fed's movement is public and frequently predictable. If a group does this kind of thing without the knowledge of general investors in the market, it could be called a manipulation.

[M-cubed]

its manipulation if its naked short positions......there is more silver shorted that whats available....in any other market someone would be in jail...

read and learn http://www.investmentrarities.com/tb-archives.html Butler is the authority on this

[LurkingSince'98]

“Anyone who holds the same view and has the balls to put their money on the line can take the same position.....”

You may be slightly naive since the big difference is the the government and central banks are not using their own money to bet against those who hold gold they are using OUR money to bet against US.

Lurking’

[M-cubed]

Psssst...take your blinders off..your slip is showing... http://www.investmentrarities.com/08-22-08.html