News from the RCM conference. Everyone complaining about the slow markets. let me re-state. People that are new to the market ( last 7 years) complaining. The long of tooth have seen this before and consolidating. They understand dynamics. Eric Sprott calling for $300 silver and raising his tone condemning the banks for manipulating the silver market. It took a lot of self control to keep my mouth shut. First he markets a silver fund, usually bad business practice to be bearish (read: sarcasism). Secondly the two largest gold banks HSBC and Scotia/Mocatta in the room. I was tempted to ask their opinion on the conspiracy charge. I still have a cut on my lip for biting down so hard. The "players" see a tough market this year but are not convinced the secular bull is over.
