by Julian D. W. Phillips, Gold Seek:
Accusations of manipulation in the Gold Market have been around for a very long time, whether from bodies like GATA who believe that there is a cartel whose purpose is to manipulate the gold price and to keep it down, or at commercial banks that are in it for their own account, or at central banks from 1985 until the end of the century, when they encouraged an oversupply of gold from mining companies.
It is impossible not to conclude that it is in the interests of central banks, commercial banks and wealthy individuals all have, are or will attempt to manipulate gold prices. For central banks, it has been done in attempts to wean investors off the idea that gold is money and onto the concept that government issued currencies are the only real money.
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