Gold price, page-7128

It's the same thing with any commodity. Trade paper futures and sell before expiring. Actually, 100:1 ratio just adds volatility. It does not drive price one way. I could argue that banks are using it to drive gold price up. And then dump before future contract expiration.
You are going to loose money by positioning your investments based on belief in gold price suppression. Only ones who are interested in low price are Chinese, if they indeed are buyers of physical. Banks are interested in gold going up. To make a coin.