"The POG is not linked to anything other than the ability of central bank created unallocated paper contracts." Great post . Exactly, the real price of Gold or Silver is the Physical + the Premium (may be PSLV for silver or metal from a mint). When the US$ looses the reserve currency the comex contract was recently rewritten to allow the fraudster to pay out the contract in Fiat $ which will be more artificially propped a the time. Isn't paper to Physical 100:1. This is why gold is likely to rise if the LBMA has to comply with the Basil 111 rules next January.