Building metal inventories illegal?

Discussion in 'Commodity Futures' started by Daal, Nov 27, 2006.

  1. Daal

    Daal

  2. 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.
     
  3. REDDEC

    REDDEC

    the hunt brothers did it in the 70's and they went broke.
     
  4. NTB

    NTB

    Why do you ask? Do you suspect that someone is doing that?
     
  5. 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.
     
  6. which market did they try to corner?
     
  7. 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
     
  8. Josh009

    Josh009

    ROFL

    anyway, i think they were pretty much ruined after that escapade
     
  9. REDDEC

    REDDEC

    SILVER, THEY LOST OVER A BILLION DOLLARS OF WHICH THEY INHERITED
     
    #10     Nov 27, 2006