We are told these are ludicrous conspiracy theories. Now who are the real loons?
This reminds me of all the people who said there was no speculation pushing oil prices into the stratosphere. That didn’t even require a conspiracy theory, just a few hedge funds pumping prices and a few full supertankers parked offshore.
Yes, these things do happen. I don’t trust the government or their lackies or financiers or banking interests further than I can spit a baseball.
Why exactly would the Fed care what the gold price is doing? There hasn’t been a gold link with the dollar since Nixon.
If gold was spiking with everything else then the Fed would have big worries since it would indicate inflation. But gold can be high for reasons other than inflation, which is certainly the case right now. Gold is likely in a bubble and if big holders need to get liquid gold is going to suffer.