RE: Interesting analysis.. Excellent ReadKewl2:
Excellent read. A must read for my Lurk & Learns. Puts the recent strange/funny market activity into proper perspective. e.g. National Bank at the close 16:00:00 day after day. This is not a market for the retail investor.
See also John Embry's piece for September over at Sprott Asset Management. His conclusions are interesting in that in one statement he said that he was not going to embarass himself by making recommendations as the HFT's have taken any rational expectations off the table. John suggests going to the metal itself.
BWDIK? Isostatic Rebound for the POG ? QE3? BRD continues to deliver the ounces.
GLTAL-GLAP
Cheers
Stanley