MANIPULATION 101 101The price of gold is manipulated by the "paper price" at the Comex.
The Fed (and other foreign central banks) would be foolish not to try to suppress the price.
Gold is THE main competitor to fiat currency, an exploding price is like a neon sign advertising policy failure and currency flaws, as Paul Volcker once said, “It was a mistake to let gold get away from us.”
If you want, read about the "London Gold Pool" and this old article from Bill Holter:
https://blog.milesfranklin.com/gold-manipulation-101
and another one:
https://blog.milesfranklin.com/but-why-are-gold-and-silver-prices-manipulated
Gold is down 15 days in the last 17 days ...