It is generally, if grudgingly, accepted that the "paper gold" markets - that is, the people trading futures contracts and options - are able to dictate the metal's price and have used this power to suppress and delay gold's inevitable trip to the moon.
It's also generally believed (at least by gold bugs) that demand for physical gold will someday overwhelm these paper games, sending the metal to its intrinsic value somewhere north of $10,000/oz.
The timing of this shift in market dynamics is impossible to predict, of course, but when it comes its early