I don't know options at all....can you please elborate on that a bit more? How does buying options on large caps drop the price of Gold? I assume if they (JPM/GS) are short, then they need the px of Gold to go down to cover....

However, the scenario that you outline: If they are buying calls on large caps and they cover their shorts out of the money , then i assume that they'll take a loss on some out of the money shorts but in the process drive up gold and consequently large caps....is this precisely what you mean?

What i don't get, is that i assume that they are all powerful and made a mistake?...how could that be? werent they supposed to be in full control of the mkts given their size?

best,