First of all, I want to thank all of you for participating in this blog because I think we've built something truly unique here. I try to provide some insight every now and then and you provide a deep resource of information in the comments.
Apparently, we are onto a winning formula because today we passed the 1,000,000 total pageview mark. To put this in proper perspective, this milestone fell on only our 87th day of existence. Now, I have no idea whether or not this is amazing but I know I'm amazed. Going forward, if our total page rate continues to accelerate, we will almost certainly have to build our own site together. I'll keep you posted. With input from all of you, we could build something pretty cool. If we could just keep out the AGAs...
Onto the news of the day. There are two, main stories worth following tonight. First, Harvey is all over the backwardation issue in silver. This really is a big deal and it shows that something is up from a physical standpoint...we just don't know what that "something" is...yet:
Patrick Heller chimes in:
And this is interesting, too, though its a little wordy:
Then, Eric King posted this:
Which caused Trader Dan to write this:
And finally, I received my email copy of the latest Sprott letter. To get it directly, you simply need to go to their site and sign up. However, to save time:
That's it for today. Again, we are at a critical time point for our PMs. They need to continue to grind higher this week and not allow Blythe and her monkeys to beat them back.
Keep the faith. Turd out.