I assume paper gold is like those stock options that don’t have enough shares to be redeemed?
Economy up? Economy down? Sun rising in the East? Buy Gold!
I understand how they can suppress paper gold prices, but why is it that physical gold is not through the roof?
It’s easy to see what physical gold is selling for: just check recently completed eBay sales. The physical gold and silver does command a premium over the spot price, but it’s only about 5%.
The only explanation I can think of to explain why physical precious metals is not skyrocketing as a result of dire inflation fears it is that our central bank is stupidly selling off our gold reserves to China, Russia, etc. at steep discounts in order to prop up the US$.
If that’s what is happening, that’s not price manipulation - that’s treason.