I have been watching the metals in the market for a while now. Only somebody blind, deaf and dumb would fail to see that it is heavily manipulated.
Gold and silver are manipulated to the downside to keep up false confidence in fiat (paper) currencies, particularly the US dollar. It is known that
countries sell their gold to keep the price down, thereby keeping the value of currencies up.
There is a inverse relationship between the value of fiat currencies and the value of gold and silver. If the dollar is roaring to the upside, you
can bet the price of gold is low, and vice versa.
If Cyprus is selling its gold, I think it keeps the Euro afloat a while longer. Not to mention the fact that what most governments have is not real
gold, but paper that says they have it, because they "lease" it to bullion banks. So when a government claims to have a certain amount, one must
question whether it is really physical gold, or just a phony number in their books. Most countries do not keep their gold within their borders, but
typically somewhere else....like London or New York. Is it really there? It's a shell game, so who knows.
In the end, it'll all come crashing down anyway. But these psychos who run these financial markets don't want their casino to close, so they'll
keep manipulating things as long as possible.