Study Finds the dollar gold price controlled by JPM in cooperation with the BIS; "No Free Market in Gold" -

https://www.sprottmoney.com/blog/is-the-dollar-gold-price-controlled-by-jpm-in-cooperation-with-the-bis-nico-simons.html

In this paper we conclude that JP Morgan [JPM] in cooperation with the Bank of International Settlements [BIS] controls the dollar gold price by using their very dominant position in gold derivatives in the US Banking System. JPM held during 1999 -- 2014 an average of 3.262 paper metric tons gold (derivatives) available for interventions on the development of the dollar gold price with the BIS as counterparty. Furthermore we conclude that the paper volume sets the dollar gold price and that there is almost no influence on the dollar gold price from the physical supply and demand. At last we ask ourselves of JPM and the BIS are operating agents for a higher goal and conclude that there is no free market for gold.''