Something very fishy going on, interest rates fall, money is...

Something very fishy going on, interest rates fall, money is printed out of thin air ($78 billion dollars in the UK), both should support gold prices, yet they fall hard and on the highest volume seen for a week.

Anybody care to explain why?

Buy the rumour sell the fact?

Central bank action using some of that $78 billion to short the paper market and pretend that money printing isn't inflationary?!