" First, we do not (usually) mean that the Cartel totally controls prices in any particular market. Various markets are affected in varying degrees, at varying times, by Cartel manipulation attempts. Cartel actions can substantially affect, but usually do not totally control, prices in many markets - - though they certainly have that capacity much of the time. The price of Crude Oil is relatively difficult to manipulate, for example, but is not immune from substantial manipulation (as we shall show). "
Some of you write about manipulation, MM's, shorters, and bashers as if they run the market. JD's article about the PPT is a very good one. I do not disagree that these people attempt to control markets to their advantage, however, as I read what JD posted, this article makes it very clear these people cannot and seldon do control markets the way most believe. The markets are just too complex most of the time. I am not denying that it cannot happen, so read this with an objective mind. No basher, MM, or shorter will pry my Noront shares from me. When I am ready to sell, I will decide, but that seems a way down the road right now. If you are a " newbie " and you are " scared " out of your shares, it is a learning experience. One day you will catch on and be better off for it.