Who would do this kind of thing? Some point to the Fed or the Treasury, but Rickards thinks China is a far more likely candidate. "We know that China is out to buy thousands of tons of gold, and we know that the market is thinly traded," he said. "It has been going on for years and will continue to go on for years until China acquires the gold they need." None of this affects individual investors per se who typically do not, or perhaps should not, trade in the gold futures markets. "The little guy has to be careful," says Rickards. "If you are going to buy gold I would say just buy your gold and put it away as I think it's going to do extremely well. There is very little doubt that with inflation coming and the money printing that is going on around the world, that gold is going higher. I just tell people buy their gold, put it in a safe place and don't read the papers or worry about daily volatility." This article was written by an independent contributor, separate from TheStreet's regular news coverage.