There is no such thing as a "manipulation".
When you want to buy an asset, there is only one real price, and that is the money you are going to give to get the stuff delivered to you.
When you want to sell an asset, there is only one real price, and that is the money someone is going to give you to get your stuff.
It applies to gold, oil, bitcoins, real estate, stocks, vegetables, ...
Those price are not "manipulated" because they cannot be. Money is spent, and asset is delivered.
In between there is a very large number of "paper assets" that are traded, and that is some very specific cases reflect the price of the real asset. Contracts, promises, option, you name them. They are not real assets. There were never supposed to be. Sometimes the price of those assets will stick to the price of the real asset (especially when the asset can be electronically delivered, like stocks or bitcoins). Most of the time they will not.
So what is the price of gold ?
Don't look at the comex market. They do not sell gold. They sell promises.
Look at the places where you can buy real gold and put it in your own vault immediatly.
And also look at the places where you can sell the gold you have. Not the place where you can sell someone else's promise to deliver gold. Only sell physical gold.
That is the real price.
Is it manipulated ? No. You don't have to sell if the price is not right to you. You don't have to buy either.
I will not answer the implicit question "is it the right time to buy or sell gold now ?" because I don't know.
Yet I can answer the question "is it a good idea to buy or sell paper gold now ?" because the answer is obviously "no" except if you have a real good reason to do so (because for instance you manage a gold mine, an electronic industry that needs gold, and so on)
Well im sorry but someone of us is incredibly stupid. You didnt give ANY arguments to support your statement that gold is not manipulated. I at least told something meanigful why YES it MIGHT or NO it is NOT, you didnt give any... I really dont understand posts likes yours, since they only bring confusion to the people... Ill take it by points:
1)
There is no such thing as a "manipulation".
When you want to buy an asset, there is only one real price, and that is the money you are going to give to get the stuff delivered to you.
When you want to sell an asset, there is only one real price, and that is the money someone is going to give you to get your stuff.
Well ehm... the price is made by several banks each day (twice a day), i think its called the "London fix", as far as i know, its only paper agrements, but this is the place the majority of physical bullion sellers take their price from , so no... paper gold market DOES set the price even for the physical... OF COURSE (!). You didnt know that :-(? You dont understand the mechanism...? I was in a coin shop, and the were monitors on the london fix price, according to the price they were selling the gold... You really dont undestand this? How old are you for god sake!?
Those price are not "manipulated" because they cannot be. Money is spent, and asset is delivered.
Oh... Oh my... :-(... Well first of all, the price is set in the london fix "deal", which is somehow connected to the COMEX market, where "paper gold" is traded, and even when you can make a call for physical delivery of gold, the majority doesnt and they simply "hold" and trade the gold in the form of "paper certificates" (or something), so no, the gold isnt physically delivered the majority of the time. I dont know the correct price manipulation technic but you surelly didnt prove that it isnt there even with this statement, its like fractional reserve banking, the have X ounzes of physical gold, but they MIGHT trade XXX ounzes of gold (x times higher then what they physically have or even might be able to deliver in future (in future contracts)). And since the majority doesnt need/want to hold physical, the hold only paper claims... Well i can give you Thousand of paper claims that i own BILIONS of $ and that i will give you billions of dollars, even though i dont have them :-), but hey, you got your paper claim...I really dont know what you wanted to say with this sentence. You dont understand the mechanism? So let mi put it this way your wrote the prices CANNOT be manipulated, well then OMG they might be quite EASILY manipulated... The questions is, are they? (and no, they really can be, the possibiliti exists, you lied).
Is it manipulated ? No. You don't have to sell if the price is not right to you. You don't have to buy either.
OMG!!! Do you really mean that...Have you been drinking, or dont i understand that, or am i that brilliant to be the only one th realize that :-D! You are kidding me! So the fact that you can willingly sell and or buy, or not, its the indicator that theres no manipulation :-D!?!!?!? Omg im so much disapointed by the bitcoin community :-(. This simply isnt a sign, you will have to belive me. If its manipulated and you dont know about it, then yeah, surrelly, you think the current price is the REAL price made by the free market discovery "method", so why not sell or buy if you wante and belive the price is "correct"...
What exactly did you wanted to say with this thread? Because you didnt say anything, even when you thought you brought up something, you didnt, and you just made confusion.
So for example the situation with german gold... you see this all as a "hoax" and thus it wont have any impact on the future price of gold...?
