the end is near embry warns gold price riggers, page-22

No, I do not think you are lying insofar as you are not intentionally misleading others with your opinion. However, I do think you are misinterpreting the dynamics of the metal's price performance.

Higher prices do reflect an increase in demand but supply is inelastic (at least in the medium term). So, higher prices have not resulted in a meaningful increase in production of gold. More players now want access to the physical making it harder for exchanges to placate would be investors to accept paper promises. Inventory is being run down as prices rise - this is anomalous. Higher prices are meant to result in less demand and more supply.

The other side of the market is the supply and demand of US dollars. What I believe is the price rise reflects more a concern with the long term store of value role of the dollar and a search for a more reliable instrument as a means for storing value. As the credit environment deteriorates, portfolio demand rises for gold as the market preempts continued demonetization of debt, and consequent decline in the value of the medium of exchange.