POG

You can manipulate the POG... but within any central bank or speculator, you can only move POG by that much.  If it continues to fall, it is because demand is tapering off.  And likewise, if POG keeps moving up.  And in either direction, there will be a balance.  Where is POG heading?  No one knows.  However because you cannot create nor print gold, you will know eventually which way it is heading based on the supply-demand equation.

My portfolios have fallen badly but I have no intention of selling anything at the moment.