
Obviously, the precious metals have become fixated once again with what the Fed may be about to do. How we can replay this movie over and over again is a question I cannot answer. In the investment world that I grew up in the market only tended to discount something once, or maybe twice, but not n number times, where n is some larger number.
related:
Martin Armstrong:
Sovereign Debt Crisis – Banking Crisis – Derivative Clearinghouse Risk