Gold Bullion Owners

Are world bullion prices (gold and silver) manipulated?

Since governments are the primary owners of gold and silver, could governments be suppressing bullion prices by releasing gold and silver into the system faster than an exploding demand worldwide by private investors? I’ve noticed prices for gold in U.S. dollars have not dropped below $700/oz and have not climbed above $1,000/oz since gold prices tripled in the mid 2000s no matter what happens to the world financial markets.
I think gold is a good investment, personally. I am not a conspiracy theorist, I just like the security it provides.
oil? the u.s. dollar has remained relatively stable over the past year between 64 and 70 cents per euro (rising as euro falls). oil, on the has swung wildly. gold has also held stable. not a good comparison. sorry.

It’s a lot easier to manipulate the value of paper money than the price of gold and silver.

When paper money is grossly overvalued. Then this means that the physical goods and services including gold and silver is undervalued in terms of this paper money.

Perhaps the most accurate way to judge the value of gold and silver is to compare it to other goods and services. Some people use the ratio of gold and oil. The amount of oil you can buy with an ounce of gold is a good way to judge how the value of gold changes over time independently of the value of paper money.

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