Saturday, April 23, 2011

Silver and Gold...

...are in full bubble mode...silver in particular is in parabolic Hunts brothers levels. But recall those ETF structures that I have written about before here and the incentive structure surrouding paper claims to gold or silver stored somewhere.

Now the blogosphere is getting nervous after some official statements in response to the usual "unfounded and spurious rumors".

So stay tuned, true believers, when these markets mean revert, there will be lawsuits, prospectus be damned.

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