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Damn can't add another option in edit for polls. Too bad. Should have had an all of the above because you are right, it is likely a bit of each.
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The only one I'm not sure of is "price suppression broken"
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Could be a short squeeze in paper gold. If price has been manipulated via paper futures as gold bugs have suggested, which makes some sense considering how physical vs paper spreads have blown out the past couple years, it could simply be short covering and that spread closing.
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All of the above?