Fairly simple to grasp what's happening:

1- The government has signalled to banks and hedge funds that gold will be held in check for a while some as bankrupt European countries get a another financial facelift temporarily saving the day of reckoning for the big US banks.

2- Even Martin Armstrong agrees gold will be on the defensive in here for possibly, all of 2012.

3- So, it's the investment banks and hedge funds that are stepping on many exploration companies with a freight car load of phony sell orders representing nothing but empty promises to deliver the physical that never comes from them. These crooks are replacing their fraudulent promises to deliver the securities by scaring shareholders who get fearful as prices dive on good news. This thing is an old game. Why should the regulators care? Their next job will be with today's entities that they have allowed to steal from the public. What better references to put on their resumes????

This is all monkey business that needs strong consideration before your move your funds around.