Gee, I wonder why?
2 minutes ago
The Italian referendum vote means the EU and the Euro are effectively toast.
- The results prompted an entirely rational flight to safety in the Gold market.
- It also prompted an entirely irrational bit of vengeance from the Status Quo, who monkey-f**ked the spot price downward in two huge $3.5 billion notional Gold dumps [read: nonexistent Gold].
These are the wild thrashings of a dying beast...
- Many who manage to stand clear of these death throes will be enjoying some tasty 'beast pate' on their toast.
From Theo Spark at 11:53