This would make a good discussion. The theme is "is it different this time?" I know in my 30+ years following and participating in the pm markets and followong the economy in general, I have never seen anything like our current situation. For that matter just considering the derivative situation it is assuredly unique.

More derivatives exist than total global economies. More fiat exists compared to economic production than any time in history. Very few have yet recognized the need to exit fiat based investment and just get physical to preserve wealth. There are any number of corporations and for that matter individuals that could empty the crimex in one cycle.

I certainly vote for "its different".

That said, the Boyz always seem to have a trick or two up their sleeves. One has to wonder if the recent $50 peak to low is the "new correction".