The selling makes perfect sense:
1) it's pollitically motivated.
2) it's amazingly profitable to sell counterfiet shares with impunity.
3) whether we like it or not, whether we know it's illegal or not, matters not.
You just saw that smirk on Gordon Brown's face when confronted in Parliament about his scandalous, pre-announced sale of hundreds of tons of British gold at $275/oz. in 1999 which has resulted in the loss of tens of billions of dollars to the British people. In so many words he is saying, "shove it." He knows he will not get re-elected. This man has another agenda, like so many polticians in the world..an agenda that beneifts him, not those he represents.
You see the same dismissve attitude in Congress, in Washington, on Wall St. ...virtually everywhere.
So, controlling the price of ECU is child's play....for now. Tomorrow, who knows. At least it is going in the right direction, if ever so tentatively so.