An alert Turdite sent me an email last evening where he connected some dots about additional quantitative easing. I've been thinking about it off and on today and I've concluded that it deserves a discussion here.
It's Tuesday and, with the euro sliding again, down go the metals for the 96th day in a row. OK...maybe it just seems like 96 days but...it's actually 12 days out of 13 now that silver has been down. Yuck.
As most of you know, Ted Butler runs a subscription service and he usually sends out updates twice per week. At the conclusion of today's update, Ted mentioned that he was considering making it "public", given the overall nature of the post. I immediately emailed him and seconded the suggestion. He has since given his OK. What follows is his midweek update, "Knowing The Game", in its entirety. THANKS, TED!!!