We talked with Tom Cloud
today about precious metals price trends. Still more of the same with
the slam down and rebound after the defeat of the Swiss gold referendum.
If you remember, Tom had given us a heads up last month. Seems that
Paypal was given orders to stop the flow of donations to the pro-gold
supporters. Evidently that was their primary source of support and it
hindered their efforts to get the word out. Nonetheless, gold rebounded
very strongly after the defeat and we’re on to the next Black Swan. Tom
also discussed the short supply of Yellow Diamonds. Seems like most
other things of value, the Chinese are buying them like there’s no
tomorrow.
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