I doubt whether this is a head fake. There is too much going on and too many people all over the world are seeing that they are being paid a negative reel interest rate on their savings. That was gold's problem, wasn't it, that it didn't pay any interest. Well, at least it maintains your purchasing power, so Indians are now also buying gold outside the gold season for that very same reason.

In Europe people are preparing themselves for two scenarios and under each of the scenarios, money will have to printed in large quantities. So also in Europe people are searching for gold.

And in Kunming they might have to acquire inventory for the introduction of gold and silver contracts in December.

It just makes me conclude that this options expiry is not the main focus of the bullion banks and related criminal organizations during the coming week.