I don't get why this would be illegal, when I say inventories I also mean futures contracts 'inventories', can someone explain http://web.mit.edu/krugman/www/copper.html
It's not illegal to build inventories. However, it is illegal to corner a market to artificially inflate prices [unless you're the Saudi goberment, then its ok to do it]. Is kind of like doing a pump and dump strategy, just that you do it in a much larger scale with a few more 000's.
all markets are manipulated to some degree.....look at the titles of his previous books........consider the source......cowtowing to the academic elite and their considerable peer-pressure regarding the free markets....academia has their own club/agenda,,,,,,basically, a cult like religion.....and governments.
silver bought it up like crazy... drove it to 50$ then it went back down to a few bucks an ounce and they went tapioca
Volker bailed them out somewhat, otherwise they'd have negative net worth http://www.gold-eagle.com/editorials_04/laborde012704.html