Every why hath a wherefore

Chart of the day is…

..gold (GLD), three years:
Funny how Sprott Resource (SCP.to), flagship of one of the world’s biggest loudmouths on the ownership of bullion and the evils of fiat, sold all its gold at the very bottom of the downdraft. In fact it’s almost certainly “had to sell” and that makes it even more guffaw-worthy, how Eric was forced into toeing the line with his imaginary ghosts. The seething resentment there must be at thermonuclear levels.

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