Gold manipulation has been a harsh reality for a number of years. Read on to learn who is behind it, their motivation for doing it and whether it still exists...
The price of gold was actually suppressed to help prop up the U.S. Dollar or make it look strong.
The reason is simple, if the price of gold looks strong, the value of the dollar looks weak. When there is no confidence in the dollar, investments in it begin to drop which causes it to loses value even more.
Also, if it looks weak, major economic countries like China and India are no longer interested in sinking their currency reserves into the dollar. They turn to other currencies and gold.
The big players in this gold price manipulation are the central banks that do the bidding for the Federal reserve in the metals markets.