Banro Corp. fka BAA

[baystock1]

Interesting article on the blow up in the "sure thing" carry trade of borrowing in swiss francs (ie. short the swiss franc) and long assets in other currencies:
http://www.economicpolicyjournal.com/2015/01/understanding-swiss-central-bank-move.html

It wouldn't take a leap of faith to assume the same thing was going on in gold. ie. to borrow gold at near zero interest rates and go long assets in other currencies, especially the nikkei:
http://www.gata.org/files/FulcanelliReport-Mylchreest-Nikkei-Gold.pdf

After all everyone knew there was a gold/USD peg or at least a tight trading range around $1200. So may be the gold carry trade is unravelling as we speak. The beauty of these carry trades is that they are extremely leverage and it only takes a small move in the wrong direction to force selling.