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I think that GS are acting as agents for the Fed in providing liquidity to these markets

JP Morgan have been doing this in the bullion market for years.

Of course, they have to be remunerated....

Manipulation is only manipulation when it's not the government responsible for it.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Mon Jul 13th, 2009 at 07:58:00 AM EST
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