When you take the time to annotate this thing, and THEN think about what you are looking, at it becomes clear... this market has been in decline, skillfully managed decline, since mid 2007.
Apart from the aberration in 2008 the downward channel is still intact.
This market is populated by professional thieves and even though they have managed to grow volume they still are draining the lifeblood from it. I am talking about every House in the country who manages stock in this market, from the Sheldon Instantcashes right on down.
A perfect mug's game, using the rise in Gold to cover their tracks and ply their wares at the same time. Anybody ever wonder why the gold juniors do so poorly against $Gold? You are looking at it.