RE:RE:RE:RE:All this talkClarke, this may soud simple (insert: "Thank you Captain Obvious") but the problem in general with markets is that they are all manipulated. Some markets (such as gold & silver) are manipulated much more than others.
As long as you have options, derivatives, naked short-selling, etc. occurring within these markets we will never get bona-fide, pure price discovery which allows market participants to observe fair and transparent pricing for which to make reasonable offers.
The FED is the worst manipulator of them all with their funny money (i. e. "govt. script" USD) and their interest rate shenanigans. We can't predict the prices of base or precious metals because we do not have a stable and sound money supply which removes the effects of inflation.
The whiners on both sides may be correct or they may be incorrect. Problem is, it is like the blind leading the blind each complaining that the the other is leading them in the wrong direction!!