via Yahoo Finance - Gold Futures Chain

Talk about your short squeezes. You'll want to look at advances along the options chain, where sudden advances in price as much as 27% on Friday show that contract prices for gold futures are not to be supressed by spot sales. There is also mild backwardation from spot and near futures over more distant futures. We have seen a contorted futures options chain since the implementation of Dodd-Frank:

http://finance.yahoo.com/q/fc?s=GCK13.CMX

-F6