article directory


Home | Top Editorials | Popular Content | Article Directory | Help/Faq's | Submit Articles | Account Login
Editorial Search







:: Main Articles :: Finance / Investing



Gold and Silver Price Manipulation
Finance / Investing Author: Elisheva Wiriaatmadja
Gold and Silver Price Manipulation
The Gold Report interviewed Matt Badiali from S&A Resource Report who talks about the gold and silver price manipulation. Matt Badiali is a monthly investment advisory that focuses on natural resources-from small exploration outfits, to equipment companies, to the biggest commodity companies in the world. As a geologist, Matt focuses on all natural resources including silver, uranium, copper, natural gas, oil, water and gold.
 
Matt Badialdi wrote in the June edition of S&A Resource Report that stocks could see some pullback once QE2 stops injecting paper money into the economy. In the interview Badiali explains that he saw all of the resourses such as silver, oil and even gold pull back in April 2011. He said, "We felt there was enough commodity risk that we wanted to be careful investing in a lot of those companies. However, we jumped back into several silver companies because they just got too cheap not to take action. It looked like they had been oversold."
 
Answering the question regarding the big trend, Badiali said that gold was still a fantastic long-terminvestment. "That won't change until the U.S. and Europe get their financial houses in order," he said. He mentioned that gold and silver will continue to be bullish for the next few years. Regarding silver, Badiali quoted Eric Sprott who said that silver price will gain even more than gold.
 
Badiali once wrote an article about the manipulation of the gold price. Regarding the manipulation, he explained, "I'm a geologist, a scientist. I looked at the gold price at Eric Sprott's suggestion; he gave me an idea that I could test with data from Datastream. When we did the math, I was shocked. So, now I do believe that the gold price is being manipulated somehow." He was asked if he was concerned that he put a lot of faith in a market that is being controlled and manipulated but he believed that manipulated or not, gold price has gone up every year for the last decade. This only proves that, "Either the manipulators are doing a terrible job or the trend is so inevitable that all they've managed to do is dampen it a little bit. The implication is that if the manipulators lose their ability to manipulate, gold prices could soar."
 

The price of gold has inevitably gone up for the past decade. Within the past 5 years alone, gold price has increased by $967.88. Within the past 6 months gold price increase has accelerated and gained $231.90. It is predicted that the price of gold will continue to rise to at least $1688 by the end of this year before experiencing a correction.

Total Views: 372 | Approx word count : 450 | 07/19/2011
Writers Resource: Related Articles: $5000 Gold, $1000 Silver.
Discover more about gold price and learn more about gold and silver by reading this article. You are sure to find what you are looking for about price of gold.





MarketersDomination Related Articles
Benefits of Using Credit Cards By: Melanie Simpson - Nowadays people swipe their card to pay for items. We are referring to making purchases with credit cards. Everywhere you go you will find that almost everyone uses some type of card, be it debit or credit to complete financial transactions. Credit c...
5 Tips For Cheap Home Owners Insurance By: Evan Povich - Cheap Home Owners Insurance: It's a known fact that residence insurance coverage can get pretty expensive. For that reason people are often looking for cheap home owners insurance and even though in doing so, individuals get victimized by insurance c...
The Only Way To Save Is Through Term Insurance By: Evan Povich - Having Term Quotes life insurance is paramount to protecting your family if something every happened to you (the income provider). Your next task is the find Cheap Life Insurance Rates . Here is how to save big on your Life Insurance Premiu...
Where to Find $100,000 Worth of Student Loan Forgiveness By: Elisheva Wiriaatmadja - The US government has already announced the good news of student loan forgiveness programs where students could take the chance to have their debt load lifted up and face a much brighter and lighter future ahead. However, the number of applications f...
These Car Insurance Savings Tips Will Help Free Up Some Money By: Evan Povich - In states that have high automobile insurance rates it is pretty difficult to find cheap auto insurance. Remember, that your path to savings on car insurance is a little added research. In some states, there can be over 200 companies offering...
Buying a Home? Get A Home Inspection First By: Brian Jardine - Knowledge is power. If you are considering buying a home, take the time to invest in an Atlanta home inspection whereby a certified home inspector can review the property. Remember, one faulty system can cost thousands of dollars and you are inexpe...
Home | Top Editorials | Popular Content | Article Directory | Support | Terms | Privacy | Account Login

Article Marketing | Article Directory | Article Spinning | Content Syndication | Article Distribution

© 2017, All Rights Reserved.
All other copyrights belong to their respective owners. Internet Marketing Forum