There is much discussion these days as to whether the price of gold is being manipulated. The answer is simply “yes.”

Like a handful of others a decade ago, I believed that the damage that governments were doing to their economies at that time would end in disaster. I also believed that one biproduct of these actions would be a dramatic rise in the price of precious metals.

The price of gold has been fluctuating a lot lately – a trend that is likely to continue and possibly become even more volatile. Jeff Thomas explains.

The price of gold has been fluctuating a lot lately – a trend that is likely to continue and possibly become even more volatile. Jeff Thomas explains.

Over the years, I have encountered many people who have considered any investment in gold to be foolhardy in concept. Recently though, I have been finding that more and more of them are beginning to turn around.

Will the US government confiscate the gold held by its citizenry at some point, as they did in 1933? Will other countries, particularly the EU countries, follow suit? This subject is a particularly thorny one.