Certainly JPM hasn’t been a friend to us goldbugz rather they’ve been the main opponent of honest money and honest pricing, and I’d agree that they seem to have a disproportionate power over prices on the crimex. That having been said, there’s a whole lot in the world that is not in JPM’s control … and Ed Steer’s opinion no matter how learned is only one guy’s opinion. JMO 🙂
In the old days I thought it was a no-brainer a slam dunk that the precious metals would thrive on the back of the mismanagement of the economy. How awfully wrong that turned out to be … so far at least, but this game is not over.
Cheers