by Avi Gilburt
I am starting this week’s update with a mini-rant directed towards the manipulation theorists. For years, they have complained that one of the facts supporting their market manipulation theories is the “overnight” drops we have seen in the market, so I would like to take a moment to address that.
First, does this not ridiculously assume that “overnight” is the same for traders of gold all over the world? (This is just another instance of how American manipulation theorists believe they are the center of the universe). Let’s also not forget that the market was within a correction, which means that “surprise” moves are often to the downside, just like in bull markets surprises come to the upside. But, no one seems to complain about it when it happens to the upside, do they?