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March 5/08
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March 4, 2008 may go down in history as one of the single most
obvious attempts to manipulate precious metals stocks on a massive scale.
For some reason, it seems that a certain
entity(s) want to contain the broad rise in the precious metals
stocks... many people (GATA
being the most famous and courageous) over the years have contended that the
precious metals stocks are being manipulated to manage investor
sentiment, inflation expectations, and artificially support the
US Dollar.
Managing "investor sentiment" by containing a
rise in precious metals stocks could be seen as a tool to keep
money from being withdrawn from the broad equities markets...
essentially fooling the avg. investor that all is well within
the stock markets, when in fact it's not.
Managing "inflation expectations" by
containing a rise in precious metals stocks could be seen as an
effective tool to keep the avg. investor fooled about the real
rate of inflation... essentially fooling the avg. investor that
inflation is low, when in fact it's not.
On March 4 2008 (just as Gold was approaching
the $1,000 mark, and just after Silver had passed the $20 mark)
every major Gold and Silver stock exhibited the nearly exact
same
downtrend, starting at nearly the exact same time, ending at
nearly the exact same time... coincidence?, ya right.
The charts below show the
manipulation of precious metals stocks on a massive scale, the
charts below show when the organized manipulation effort started, and when it ended...
the charts only show 15 of the largest Gold/Silver stocks by
market capitalization, but there were many more precious metals stocks manipulated
along with these stocks (essentially every major precious metals
stock was manipulated at the exact same time and in the exact
same manner... check the March 4/08 charts for yourself if you
want further evidence... the organized manipulation lasted for
just over an hour; starting just before 11am, and ending just
after noon) I haven't show every manipulated stock below, but I think by showing the 15
largest stocks,
it's pretty obvious to see the fingerprints of massive stock
manipulation...
Precious Metals Stocks
1 - 5 ...

Precious Metals Stocks
6 - 10 ...

Precious Metals Stocks
11 - 15 ...

It is this type of stock manipulation that
has turned many investors away from Gold & Silver "stocks" and
straight into Gold & Silver "bullion"... you see, the Gold &
Silver bullion markets are world-wide markets and are much, much
larger markets than the Gold & Silver stock equity markets; thus
the "bullion" markets are much more difficult for the
manipulators to tinker with... this is one of the reasons why
Gold & Silver bullion have been outperforming many of the Gold &
Silver stocks over the past 1 - 2 years.
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