Start here instead - are gold prices going to rally? Seriously.
What do you say to someone who tells you that gold's role as a traditional store of value has been rendered obsolete in the modern global economy and that moving forward, periods of economic uncertainty, currency devaluation and inflation will cause investors to seek out the relative safety provided by oil and other commodities offering a high degree of utility.
Well oil can't serve as money because it's consumed. Your basically saying that fiat money will be replaced by oil and foodstuffs. They used to do that back in ancient times, it's just that gold was eventually settled on because it has more of the properties that define money: divisible, accepted, rare--(or rather the supply is relatively static), durable, and portable.
I doubt it's the government that suppresses it as government has no real need for gold. Bankers on the other hand use gold as a reserve and always have. Even though they may manipulate gold at times they end up getting it at the end.
But this does look like gold should move higher in all currencies on this move and inflation will turn into hyper-inflation - just how quickly is the BIG unknown.