The gold market is not behaving as a natural market. There are several relationships, demonstrated by charts in this article, that show extreme imbalances.
https://sprott.com/media/258481/7-2013-MAAG.pdf

Coordinated Tax Planning Is A Game Changer
Filing a tax return is required. By itself, however, filing rarely produces the best financial outcome. The real leverage comes from planning, especially when that planning is coordinated across the

