You should be aware that the POG is highly manipulated by the...

You should be aware that the POG is highly manipulated by the 'agents' of the FED. Yeah looking at you Blackrock as the front man leading a bunch of corrupt investment banks across the World.

The US dollar has been weaponised by the Yanks and there is no way they can afford to lose control of the POG. Real price discovery on the POG would undermine the dollar and be more of a threat to US hegemony than any other attempt to share the Reserve Currency of the World.

That is why the amount of 'paper gold' in the Futures market has more than tripled in the last 10 years. If swaps and options were factored into the equation then tripling is just a fraction of the amount of paper that the 'agents' use to control the POG.

So, IMHO, don't hold your breath waiting for POG to spike a lot. They will only let it appreciate in increments, most likely in line with historical trends.