Dear Reader,
While sojourning in the Tuscany hills and enjoying a superb brunch which included some of the finest proscuitto I’ve ever tasted, the conversation turned to The Yellow Metal. While listening in on some of the sharpest minds the market has to offer (our circle of friends is indeed exclusive) I was once again surprised to note just how badly understood The Yellow Metal is and the disdain it creates in the mind of the classic trader. I fear that when the Bang! moment comes (and as I’ve repeated that one countless times we all know that is undoubtedly true) these people are going to feel rather more respectful of The Yellow Metal and less prone to their immature and snippy remarks about my own perfect logic regarding the market.
Your up-his-own-asshole correspondent,
John