Hi VHF!

The article acknowledges that half an hour before COMEX opens is a very quiet time with limited liquidity. Why then did they not bother to mention that that time is exactly when the 'big orders' always seem to be executed? Just pull up a chart of any day when gold goes through a big decline, and I would bet that in the majority of cases, these large orders hit the market at that time, when it is almost guaranteed to create a selloff. Nobody thought it was worth commenting on that little detail?

And for that idiot on the SH forum, a pattern of order execution that is specifically orchestrated in order to take out support for a market IS MANIPULATION. Just because the regulators are not willing to do anything about it does not make it legal and acceptable.

We saw a few token schmucks get charged in the Bear Stearns collapse last week. My guess is that after the metals shorts are blown away, and the price of gold breaks out and skyrockets while most of the overall market is in freefall, we will have some hotshot on CNBC do an expose to determine "How did all this happen?". And then one and all will acknowlegde there was widespread manipulation. This is going to play out like every other scheme that unravels, after the fact.

cheers!

mike