We alluded to it last week. We suggested that there would come a time when the perpetrators of the price suppressions would surprise us with an announcement that they were no longer short real assets, but massively long. This could very well have been the opening salvo bringing us to that moment in history."
"It is not just the savage attacks on gold and silver. Waves of selling have been launched in oil, copper, platinum and palladium.... "
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/15_Here_Is_What_You_Must_Know_About_The_Gold_%26_Silver_Smash.html
I suspect more salvos to drive a stake into the fearful, but short of a Rooseveltian move, the smart money always buys low. Unfortunately this is still playing out.
Recent ECC News
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- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 02/29/2024 12:58:17 PM
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- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 02/22/2024 11:02:25 AM
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- Form 8-A12B - Registration of securities [Section 12(b)] • Edgar (US Regulatory) • 01/24/2024 09:19:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 10:13:38 PM
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- Eagle Point Credit Company Inc. Prices Offering of Preferred Stock • Business Wire • 01/11/2024 11:22:00 PM
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