Warp10
I think you have done some fine creative thinking. Jim Sinclair verbalized what a great company Royal Gold was one or two years back until it, IMHO, became a target for the same reason ECU may have become a target. Jim's own stock, TRE, most probably became a target as well until he maybe started to apply some of his own financial muscle to the miscreants. Royal Gold's trading personality turned positive following their acquisition of Barrick's royalties inventory and chased some of the paper sellers away.
It doesn't take too much imagination to understand the motives of the opposition but you do have to keep thinking. Take this G20 meeting coming up, it would be completely reasonable to suspect that the manipulators will be leaning on gold up to and following their big powwow.
Gold's action this week may well be the beginning of a new story as Russia wants some form of gold back in the world system and China, who has already stated their intent to add more of the metal to their reserves, may well back them to some extent. Add to the mix Angela Merkel's stated desire to plug the money flow to ailing concerns in Germany and the G20 meeting could end with Tim Geithner and Gordon Brown, the "gold liquidator" leaving with mud all over their faces combined with higher gold prices.