With the only news today that seemed to have any bearing on the gold price being bullish -- Federal Reserve Chairwoman Janet Yellen's testimony to a Senate committee that interest rates will remain low long after the current round of "quantitative easing" ends --
http://www.bloomberg.com/news/2014-07-15/yell...gree-of-easi...
-- how could gold futures prices be smashed for $25 out of the blue?
Maybe the best general financial letter in the world, Bill King's The King Report, published by M. Ramsey King Securities in Blue Ridge, Illinois --
http://www.thekingreport.com/
-- nailed it in today's edition, which arrived in subscriber e-mailboxes at 1 this morning Eastern time. King wrote: "The gold debacle on Monday also smells of a scheme to push gold to or below $1,300 for expiration." Futures option expiration, that is.
