Given that a lot of miners are clearing out their hedges...

Given that a lot of miners are clearing out their hedges wouldn't it be possible that the banks are trying to scare miners into hedging their gold productions at lower prices so they can again benefit on the price increases if they happen? Seems to me like banks are winning out of hedging more often than not. That is only if the theory that gold price is manipulated is true.

This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.