It turned out that Prime Minister Granville's expectations were too optimistic. The biggest hand behind the surge in gold prices was the UK consortium, with speculators merely serving as the expendable pawns on the surface.
Were these financial consortiums unaware of the consequences of blindly driving up gold prices? Obviously, that's not possible, as they are all professionals, and not a bunch of amateurs like some members of the Cabinet Government.
Yet, for the sake of profit, they went ahead with it anyway, even to the extent that the decision by Granville's Cabinet Government to drive up gold prices and hinder the Vienna Government from buying gold had the consortium's shadows lurking behind it.
