/biz/ - Business & Finance

no but I can tell you about the comfy bath I'm taking

>>58706145
Around the world, professors of economics keep teaching the younger generation that gold and other pm are not actual investments, which biases people not to buy in, which is artificially suppressing the price. If these corrupt educators would just stop teaching this, then people would buy and the price would rocket up.

>>58706148
Please do fren

>>58706145
Central banks artificially dump price of gold and silver to increase the trust in fiat currencies.

>>58706145
Naked shorting of gold and silver
I.e. there is more "gold" being "sold" on the market every day than actually exists on the planet. And that doesn't even take into account buys and longs. Same with most precious metals. It would collapse with a single major audit.

>>58706145
It's schizophrenic ranting.
Who exactly is "manipulating" it and how? Why don't opposing groups in the market take advantage of this? There'd be huge amounts of money to make made if a massive asset class was trading far from its fair value.

>>58707876
How about physical gold etcs? Those are supposed to be backed by physical gold

>>58707995
Workable in theory
Now you just have to convince the mining companies, exchanges, and brokers to recognize that market as having the "legitimate" precious metals commodity trading pairs. Problem is the exchanges make a lot of money issuing "paper gold" and making commissions on every one of those trades that never accounted for the object they claim to be trading.

>>58707965
bro are you retarded?
every few years they send a little banker fallboy to prison, and issue a slap on the wrist for the higher ups.

Shiney rock fetishist fantasy. Gold has 2% mining inflation, it's not "manipulated" it's just not a fixed unit

>>58706145
gold & silver markets are the most manipulated markets in existence. the rigging comes straight from the top, the BIS which is the central bank OF central banks.
>https://www.bullionstar.com/blogs/ronan-manly/peter-hambro-bis-central-banks-are-rigging-gold-market-using-bullion-banks-paper-gold/
>"Gold to central bankers is like the sun to vampires."
>gold price discovery is based on the limitless creation and trading of synthetic paper derivatives (LBMA unallocated and COMEX) in a system controlled by LBMA bullion banks and sanctioned by the central banks.

>>58708590
>far out of the money futures contracts are just like spot!
Shiney rock fetishists are retarded

>>58708604
>far out of the money futures contracts are just like spot!
>far out of the money futures contracts
>far out of the money
>futures contracts
so you dont know anything about futures markets lol just another anti-metals shill
be gone with you

>>58708614
>what are futures options
Most gold ever mined has been mined since '71, shiney rock isn't manipulated, shiney rock is just a shitcoin

>>58708658
futures options CAN be out of the money
futures contracts CANNOT
you've learned 1 new thing today shill, now read this link and make it 2 new things. itll be your new record.
>https://www.bullionstar.com/blogs/ronan-manly/peter-hambro-bis-central-banks-are-rigging-gold-market-using-bullion-banks-paper-gold/

>>58708682
Same diff. If market manipulation were possible, the US wouldn't have needed to re-peg in '35 nor drop the peg in '71, US also wouldn't need to dump SPR to suppress oil, they could just "manipulate oil down". You are a joke and your shiney rocks are shitcoins

>>58708711
gold futures did not exist until 1975. oil is a different market entirely, the supplies are controlled vastly by non-US entities. try again idiot

>>58707965
JP Morgan recently paid a billion dollar settlement for manipulating the silver price lol

>>58708741
No, they paid a fee for spoofing, which allowed them to profit off HF trading bots, not magically "manipulate da price"
>>58708728
>futures are magic
This is what shiney rock fetishists actually believe.

>>58708711
>if they wanted to manipulate oil they would just do that
What the fuck do you think all those new wars (since the 70s) in the ME are about?
Why did they murder Gaddafi?
There is a non-compromised major source of a precious commodity under the control of a party that won't play this game. Instead of participating in a market on equal terms, they've got to go.

>>58706145

It's the Jews

>>58709312
That's not price manipulation, that's supply manipulation, the shiney rock fetishist believes in pure price manipulation where through derivatives trading the price of shiney rock is kept artificially low, "strangely" this doesn't result in huge increases in demand for the physical metal which you'd expect if the price were actually substantially below equilibrium market price

>>58709116
Spoofing is manipulation Debbie.

>>58707995
You buy precious metals as a hedge against the financial system. If the financial system is in turmoil are you confident that your paper shares will be worth anything?

>>58709403
Price is a product of supply and demand. Manipulate supply and you've manipulated the price.

>>58709623
>gold is suppressed by spamming fake sell orders
This is what shiney rock fetishists actually believe.

>>58709637
Do keep up.
>the shiney rock fetishist believes in pure price manipulation where through derivatives trading the price of shiney rock is kept artificially low, "strangely" this doesn't result in huge increases in demand for the physical metal which you'd expect if the price were actually substantially below equilibrium market price

>>58709646
This has been proven multiple times in court.
>>58709650
Demand for Silver has outpaced supply for years. We've regularly broken demand records for gold and silver the past few years.

>>58709659
Spoofing is illegal because the ints that run wallstreet are statist babies that cry to congress when their front running bots get played.
>Demand for silver has outpaced supply
Kek. No. Production has been around total consumption because we have giga tons of the OG shitcoin rotting in warehouses. Remember, mining inflation of the OG shitcoin is still 5% with literally zero dedicated production, silver is essentially a waste product of desirable metal extraction, but if it ever pumped the inflation rate would go parabolic and crush the price, huge known reserves

>>58709689
bro what do you even need silver for anymore besides the lame ass gold silver standard that is only used in boomer land nobody even uses silver for anything useful so like why would you even buy silver

>>58709689
look at this shill hes still going lmao. bro are they paying you overtime??

>>58709646
are you retarded? that's literally what influential people did

>>58709689
The only advantage that gold and silver have is that they are physical. And gold doesn't pump or dump as much as Bitcoin so its more stable.

>>58709650
Save your effort, people on /biz/ think price is some law of nature which da jooz can hack rather than coming from market activity.

When they sell or buy millions of contracts from the market, it is obviously not physical metals... im sure there is nothing suspicious about that

>>58709726
No, as I explained before, spoofing just fucks with HF bots, literally the only market actors that even see the order spam.
>>58709874
Au is only more stable due to capitalization, BTC already has half of gold's inflation rate, imagine BTC in a halving or two with 0.4-0.2% inflation and +$10t capitalization
>>58710268
I enjoy argument, and even one anon turned away from the path of shitcoinery is a win

>>58706145
I don't have a clue, the only thing I'm good at is watching the $trump chart, masturbating and insulting minorities