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Don't buy at these premiums, are you nuts?!
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<p>[QUOTE="Rono, post: 4301204, member: 6492"]Howdy folks,</p><p><br /></p><p>Indeed, this is the penultimate black swan event unlike any other we can remember.</p><p><br /></p><p>I'm using the analogy of a price controlled artificial market because that's what it looks and acts like. If it walks like a duck . . . </p><p><br /></p><p>The simple fact is that there are two markets for precious metals - paper and street. They are not the same and while they are linked and should track each other closely, at times they diverge. That's when things get interesting. That time is now.</p><p><br /></p><p>What people believe is more important than what's true and factual. If they all believe a lie to be true AND ACT AS IF IT IS, it might as well Be true. It's true that the POG and POS are $1588 and $13.90. No one that's buying or selling bullion right now believes this to be true and they are acting as if it isn't. </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 4301204, member: 6492"]Howdy folks, Indeed, this is the penultimate black swan event unlike any other we can remember. I'm using the analogy of a price controlled artificial market because that's what it looks and acts like. If it walks like a duck . . . The simple fact is that there are two markets for precious metals - paper and street. They are not the same and while they are linked and should track each other closely, at times they diverge. That's when things get interesting. That time is now. What people believe is more important than what's true and factual. If they all believe a lie to be true AND ACT AS IF IT IS, it might as well Be true. It's true that the POG and POS are $1588 and $13.90. No one that's buying or selling bullion right now believes this to be true and they are acting as if it isn't. and so it goes, peace, rono[/QUOTE]
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