there is no gold suppression scheme, page-14

RB the author of the reports and slides, Jeff Christian, in a telling interview a few months ago said that the COMEX would become irrelevant in price setting for silver at least. I'll try and dig that report out and post it. The reason is that it no longer provides the liquidity and other factors market participants desire. As we know the ETF provide speculators and investors with a better more transparent vehicle. As to how hedgers hedge and bullion banks provide the deals for hedging, they still use the forward market but as investment interest in precious metals increases the forward market is less relevant to price setting. When I fist invested in silver in 2000 there was virtually no investment demand, silver was an industrial metal. COMEX ruled the roost. COMEX days are numbered in silver at least.
as for gold price behaviour in OCT 08, physical demand exploded as the "monetised" gold market was sold heavily. Gold would have gone much lower if the physical market hadnt kicked in. Thats the general view .

I am a resolute gold bull with no interest whatsoever in conspiracy theories. Far more interesting is David Nichols latest fractal work on gold :

http://www.gold-eagle.com/editorials_08/nichols032409.html