To tell you the truth, I don't know what to believe. Nothing is real. It's nothing to get hung -
no not going there, but it's like the carnival mirrors that confuse and distort perception. If you believe what you see, you walk into the wall.
There is incentive for other nations to covertly support US monetary policy. To the extent the US devalues gold, the Euro, the Pound, any other fiat currencies benefit, at least to the extent the are linked TO the dollar. The US does the "heavy lifting" while the the vassals dutifully go along.
Other nations look the other way or actively support the dollar by taking their turn on the overnight smack down. They can smack it in Sydney, they can smack in in Frankfurt, they can Smack it in London and of course smack it again in New York. When coordinated, everybody makes money, their garbage currencies continue to function, and they make truth the fool. For now.
I quite trying to trade in this so called "market" over a year ago. The SOB's not only control the pricing mechanism for gold, they set the Bid and Ask for mining equities. Pretty slick way to keep everything suppressed.
I just buy physical right after options expiry every month. That's the only way I try to "get in front of" anything.
I wish the collusive relationships would be exposed for the world to see. It would generate a global wretch.