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<p>[QUOTE="Collector1966, post: 1324462, member: 17919"]It was an open secret that European central banks were manipulating the gold price before the advent of the Euro. I think it is no coincidence that the price of gold really started to take off after the Euro became official in 2002, and limitations were placed on annual gold sales from Eurozone countries.</p><p><br /></p><p>Today, with all the ETFs, the price can be manipulated even if demand for physical gold is there. </p><p><br /></p><p>Also, one should always wonder what is actually being discussed at G-7, G-8, and G-20 meetings. Basically, the only information we get from these meetings is in the form of posed photographs, with little actual information about the nitty-gritty. If they ever agreed to try to limit or control the gold price, we would probably never hear about it.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 1324462, member: 17919"]It was an open secret that European central banks were manipulating the gold price before the advent of the Euro. I think it is no coincidence that the price of gold really started to take off after the Euro became official in 2002, and limitations were placed on annual gold sales from Eurozone countries. Today, with all the ETFs, the price can be manipulated even if demand for physical gold is there. Also, one should always wonder what is actually being discussed at G-7, G-8, and G-20 meetings. Basically, the only information we get from these meetings is in the form of posed photographs, with little actual information about the nitty-gritty. If they ever agreed to try to limit or control the gold price, we would probably never hear about it.[/QUOTE]
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