Ok, the gold price is manipulated by the banksters et al. Conspiracy theory or not, the miners are not making much money atm.
Oil is not controlled by banks etc and the prices are determined by supply and demand...and OPEC(correct me if I am wrong)
Why don't the gold mining companies of the world form their own OPEC type of set up and trade their commodity in a supply and demand scenario, totally independent of the likes of the LBMA and other banks?
Would that work to give us a real price for gold?
GLD
unknown
