If it were not for the huge disconnect between paper and physical, I would be questioning every assumption I have held for the last 3 years of investing in this sector.

Now I am more bullish than I have ever been, and feel no pain, no sense of awe for the PPT, no remorse for the lower prices I could have had. After all, the dollar also could have lost half its value in 24 hours if the PPT had not demonstrated so much skill.

This may happen one day yet. But I expect a steady drip drip drip of inflation liquifying most savings and investment with fraudulent money injected in desperation.