Keith Weiner of gold fund management company Monetary Metals in Scottsdale, Arizona, is scoffing again at complaints of market manipulation, this time involving the silver market particularly.
In his commentary Sunday, “Why Did Silver Fall?” — Weiner writes: “With no need of evidence — indeed, with no evidence — one can assert this” — that is, market manipulation — “and not be questioned in the gold and silver communities. We have recently come across a term normally used to describe leftists and social justice warriors, ‘virtue signaling.’ One piously declares that one supports the cause, one speaks truth to power, one sticks it to The Man — well, you get the idea. The concept of ‘virtue signaling’ seems equally appropriate to those who sing the chorus on every price drop, ‘manipulation.’”
GATA may be glad if Weiner finds the gold and silver communities overwhelmingly convinced of its years of work, though of course this convincing does not yet seem to have succeeded with gold and silver mining companies themselves. But we can’t be glad that Weiner himself maintains that there is no evidence of this market manipulation — that, to the contrary, he believes, as other technical analysts do, that gold and silver prices are the products of his technical analysis and mathematical formulas.
Documentation of the longstanding Western government policy of gold price suppression, much of it culled from both public and secret government archives, has been compiled by GATA — and Weiner is welcome to rebut even one item, though he writes as if he has never heard even of Deutsche Bank’s recent confession to gold and silver market manipulation and the bank’s incrimination of other investment banks.
This post was published at GATA
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