“The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.”
John Kenneth Galbraith, The Great Crash of 1929
Gold was a bit weak today, while silver was holding on to the 16 handle extremely well.
There were no deliveries at The Bucket Shop yesterday except in copper.
The bullion warehouses continue their slow bleed of inventory.
After the bell Deutsche Bank reported that it would be taking a $7 billion loss on writedowns.
And these are the courtiers to the exceptional.
Have a pleasant evening.
