Relative to the shellacing we got over the last years, yes temporary I expect.

I am not saying that it will stop running up tomorrow, just that as with the run down, movements tend to overshoot before finding a steady norm. It could run up to over a buck by mid September, I have no intuition how much or when.

I just think that the power line announcement is the main cause ( R of F Classic must be a contributor) and it is not enough imo to make sp go over a buck for long.

Pickle Lake to the Ring should do it though. Road announcement even more.

(Aside, for the third year running I can not make it to the Classic, again in Europe. The September timing is just not working for me even though Toronto and Niagara is not far away for me. Would very much like to meet some of you over dinner or similar, though am not a golfer.)