"The Fed wanted to discredit golds position as an alternative to their crappy paper money, and pounded the price."

And from the "realm of unintended consequences", Karma has come back to bite the FED in the a**.

http://articles.economictimes.indiatimes.com/2013-04-19/news/38674413_1_world-gold-council-gold-market-aram-shishmanian

http://www.mineweb.com/mineweb/content/en/mineweb-whats-new?oid=186923&sn=Detail

http://www.reuters.com/article/2013/04/19/gold-sales-idUSL3N0D6EQJ20130419

http://www.zerohedge.com/news/2013-04-19/chinese-gold-exchange-sold-out-begins-importing-switzerland

http://www.bloomberg.com/news/2013-04-18/u-s-mint-s-sales-of-gold-coins-soar-after-futures-slump.html

The people are awakening.