I Couldn’t Be Angrier or Less Worried

by Andrew Hoffman
Miles Franklin

It’s early Monday morning – in what is typically the slowest volume week of the year, aside from Christmas through New Year’s Eve. So slow, I have just eight articles in my “horrible headline notes” from the past 48 hours, as the entire Western world is on vacation. That said, those eight articles alone, in a freely-traded market, would be more than enough to send Precious Metal prices higher, such as the complete implosion of the tell-tale Vancouver real estate market – down 20% this month, and 25% in the past two months; and a ceasefire in Nigeria, which caused oil prices to plunge this morning. And no, last night’s PM raids had nothing to do with it, as gold and silver’s losses occurred long before oil prices moved so much as a penny lower.

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