Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

A REAL Conspiracy

I have been known on occasion to poke fun at the gold bugs even though I am lugging hefty long term warrant exposure to precious metals. Rampant self-interest fuels the gold bug - they live in a binary world where gold up is good and gold down is evidence of manipulation.

Just think what Enron could have done if they put their brains behind manipulating gold. They did a great job in the electricity market. My point is that most markets are manipulated to some degree and any amount of gold price fixing has had much less impact on the average citizen than the manufactured "California Power Crisis".

Not Advice

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