RE: RE: WTF is going on...Nothing makes sense in these markets unless one believes the manipulation theory of gold and the fed's PPT participation in markets. Then it does make some sense. Since physical gold is in backwardation the fed has turned away from "managing" / "manipulating" the spot proce of gold to the actual shares through its agents JPM & GS. Shaking out the week and scooping up their shares in the process. Hold tight. GLTA