Originally Posted by plainsman456
What i want to know is:
If the economy is so bad like it has been why has gold stayed below 1700?

Just seems that if it was such a good hedge it would be higher.
They can lower the price at will by flooding the market with "paper gold and silver." It creates the illusion of more gold and silver than there really is, thus lowering the price. This, however, can only be carried on so far.