Wasn't it George Soros who was responsible for much of the 1993 gold boom and bust?
This is being done by governments.
When you see all the commercials on TV about how to buy gold, you should be wary. Those people would be buying gold if it was really going to $650 instead of spending millions in infomercials in an attempt to unload it all at today's prices. Those commercials weren't around a few years ago because those same people were busy buying gold for a few hundred dollars cheaper. One contrarian theory any way.