where are the gold bears now?, page-5

think you might be partly right about traders having control over the price movements, timber
but the jump up in price has more to do with the words coming out of the fed and noises from euro land.
they are spiking the price and once QE3 is implemented properly, then the shackles will be off the POG until it finds the next support at about $2400.
in my opinion the market is manipulated as we have seen with the repeated sell off on london markets only to see all the downward pressure be reversed once the asian markets were opening. yesterday though they tried again, but the new floor is under the POG and i think the attempts to curtail the rise in the yellow stuff will march on now.

Love your work Uncle Ben