Riddle Me This

The next series of charts shows a few different comparisons between gold, fed deposits held at depository institutions, and inventories held at comex vs. price. As well a silver vs. inventories. Have a look for yourselves....October of 2012- December 2013 rumors than official announcement of Bundsebank requesting gold from Fed.

(and Prior before that in smaller amounts Hugo Shavez requested his gold back as well in August of that same year)

This next chart is from the Federal Reserve Website:

Presented with no comment:

Fed deposits at depository institutions vs. Gold...So what happened in late 2012?!?!?!

Fed deposits at depository institutions vs. SPX (Not log scale,not sure how to get that on BBG).

Gold vs. Comex Inventories

The stranger one; silver vs. silver inventories ...So what gives here; silver got whacked on the coattails  of all of this. I believe the next major determinants of new bull market will be supply/demand driven as opposed to the QE 1,2, operation twist, then we split off during QE3 inflation psyche that took hold.