Stuff That Interests Me

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comPhew. I need to write about something else apart from silver and gold. But I have to look at the price action we have seen this week, and I will say this. It was violent. Extraordinary, even. But it wasn’t necessarily bearish.Sharp sell-offs like those we saw on Friday and Monday are characteristic of bull markets. In bear markets, corrections are grinding and protracted. Selling pressure is persistent. Value erodes slowly amid deteriorating fundamentals.Bull markets behave differently. They flush. Explosively.Late entrants and overleveraged speculators get shaken out. Stops are tight. Everyone is climbing the wall of worry. When a correction comes, a cascade of stop losses gets triggered all at once. Hence the violence.BTW the latest Atlas Pulse came out on Friday, as level-headed as always. It’s the best gold and silver newsletter out there, in my view. Get your copy here - it’s free.This is not just a precious-metals phen