Hi Ganalane!

I do think the game is rigged. Am I a fool for staying invested? No, because I think all manipulation is temporary, and the consequence of all that manipulation is that it becomes almost essential to have leverage in the PM sector, purely as a means of wealth preservation. All of the nasty games going on behind the scenes to prop up the overall markets and to cap the price of gold, will eventually lead to massive inflation.

Gold price rigging depends on physical supply to periodicaly bomb the spot market and drive out specs. As the availabe supply of gold (and silver) is depleted, the rigging scam will collapse.

I own companies like KXL because I think over time the price of gold will continue to advance, the gold juniors will be a beneficiary of this trend, and all of the other asset classes will come under presure.

Yes there is manipulation, but I am hanging in for the long term. A few years ago people feared that gold would never be allowed to rise above $400. Despite the full intentions of the anti-gold cabal, gold has risen year after year.

I denounce the manipulation because if this nonsense was not a factor, gold would be much higher today. But either way, gold is going higher and I can wait. I have no plans to put my money in a tin box burried in my back yard. I do not trust the blue chip stocks to hold value, let alone yield gains. Therefore I am in gold and gold juniors for my prefered investment choice.

cheers!

mike