"I think anyone who has been following the Gold story for the last couple of years was pretty much convinced that a lot of contracts are created out of thin air and used to manipulate the POG."
How does that work?
If I created a contract "out of thin air" for you to pay me $10,000, would you honour it?
Of course not!
Financial contracts - physical or derivative - have two willing parties: a buyer and a seller. You can't have open sold contracts without matching open bought contracts.
All4One is attempting to manipulate reality to explain events he doesn't understand.