[…] Sounds like ‘the credibility trap’ in action, acting as cover for a generation of self-deluding narcissists who can do no wrong, because they define what is right, most often after the fact.
Gold and silver were hit by cheap shot selling in the very quiet Sunday evening trade. And then today gold went zig-zagging in a narrow range today as silver hung on to the 15 handle with its fingernails.
There were some deliveries of gold at The Bucket Shop last Friday, most of which were taken up by the house at JPM and friends. There were no silver deliveries.
The activity in the warehouses was minimal.