What will governments do?They blatently manipulate gold via the bullion banks since they don't want people losing confindence in and fleeing their currencies but at the same time they need to de-value their currencies to lower the impact/burden of debt. It's a bit of a dilemma. This week they flooded the futures market with paper (pretend) gold to drive down the spot price as they have been doing intermittently over time. With all the gold derivatives out there, they wouldn't be able to deliver on physical gold since it is basd on fractional gold reserves.We run the same risk with banks. In 2008/9 there was a period of time when people were freaked out that they would not be able to take out their savings from their bank accounts.Apparently, in the US, the Gold Reserve Act of 1934 allows them to manipulate gold legally. Anyway, over time, even with this supression, gold continues to go up because currencies are losing their purchasing power. In the short term, however, I can't help but wonder how far they will go with their manipulation.