RE: check this out willisSome arguments, if you believe in fact anyone is trying to hold down the price of gold:
1. To prevent a panic flight from currency into gold, thus bringing on a crisis in the worlds financial markets. IE If the price of gold keeps rising and turns into a mania, banks and governments might be powerless to stop it, so they try and keep a lid on price increase. Steady vs runaway
2. Certain groups might like to manipulate the price down, in order to be able to buy up gold at a reduced average price.
3. Traders/hedge funds and maybe even governments, trying to take advantage of, or create volatility for profit.
My opinion is most of this stuff is higly overrated. Its a free market, with short term, medium term and long term variables all playing a part. It is volatile, but on a long term bull market, a very strong one in fact, which is based on fundamentals, which will override ANY intervention or moves, which at best will just be short or medium term influences.imo