Stockpiles are transientI wouldn't look into the stockpiles numbers too much. The Chinese hold custodial warehouses globally as part of its overall infrastructure portfolio and they transfer stockpiles around. Look at the reversal in gold today from daily lows to daily highs - i.e. the $DXY is under pressure. Look at oil now clearing $50..... copper is being held back and manipulated. Much easier to move around the globe than a boat full of gold bars... right/ Technicals showing the last 3 days well up and out of Bollinger bands so coming back in the band - longer term investors don't sell. short term traders should buy. I believe we are on the way to $15-16 in this wave based on weaker $DXY GLTA WP21