Gold bouncing off the bottomI have been playing the market for almost 50 years. I watch the old VSE and now the TSX being constantly manipulated. New York used to point fingers at Vancouver but they were the master manipulators (the name Bernie Madoff comes to mind as one example). The regulators are understaffed and by the time they find out it is too late.
I have watched gold being constantly manipulated. The propaganda machine starts up and the start touting gold to go over $2000. All the while they are dumping there gold waiting to pick it up at the bottom. Most of the regulators couldn't find their a#s with two hands. Gold is still way up and will remain so. The prediction is that is will take 5 to 10 years to solve the debt crisis. The best advice that I can give is "keep your powder dry". There would be no stock market without ups and downs.