Thank you Jesse. For the thought of the day and the beautiful chart.
“By contrast, concentration in the financial sector is anything but natural. Banks have grown larger in recent years because of artificial advantages, particularly the widespread belief that government will rescue the creditors of the biggest financial institutions. Human weakness will cause occasional market disruptions. Big banks backed by government turn these manageable episodes into catastrophes.” Harvey Rosenblum, Exec Vice President, Dallas Federal Reserve Bank
30 March 2012
Gold Daily and Silver Weekly Charts
The only thing surprising about the precious metals market is how few people really understand what is going on, even at this stage of its bull run.
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