Well, if you saw CNBC interview Eric Sprott this morning on gold, you've see all the ambushes ever televised. And guess what, the sequel after the break with guests Lawrence Lindsay and Neil Kashkari of Pimco...then did their impression of yellow bellied mudsuckers praisiing the virtues of none other than the Bernank himself....as the drop in gold price ran across the screen.
So, in the face of the truth, that gold and their stocks have soared over the last ten years, Joe 'let' Eric express the truth of the gold markets for the last 12 years and then smug 'Joe' was at his patronizing, arrrogant best as he cut in near the end to sarcastically ask Eric if he was a typical gold bug that had guns and buried gold and water in his back yard....that there would be no food in the stores etc....to which Eriic quickly replied that being prudent was not a bad thing. But smarmie Joe closed it down with the impression that CNBC had given Eric "the gold bug" his chance and then sucker punched him out of the place. Despicable!
I suggest to anyone out ther that smarmie Joe, hidiing behind his Wall street sponsored cameras, would crap himself if ever cornered in an elevator with the up front Eric. You can't hide the truth but CNBC did their best, not with facts and figures, but by ill manners, hollow taunts and cowardice. The whole dam place reeks of desperation.
Anyway, what all the above tells me is that the ambush was timed too coincide with a smash on gold now, so the desperate central banks can buy ever more of it somehow.