[arete]

I would have no idea but that sounds a little low to me. Part of the problem of course, is that the global central banks (central planners) still own most of the worlds gold which means they can control and manipulate the market and prices to a great extent.

Richard W.

[steve50]

Part of the problem of course, is that the global central banks (central planners) still own most of the worlds gold which means they can control and manipulate the market and prices to a great extent.

As long as they can deal in paper gold they are OK. From the leveraged positions required to maintain control they better hope not to many want to hold the stuff in their hand.