Aaron Krowne

The Hedge Fund Hustle

Dumb or not, gearing + hedge and hedge-like funds (including at IBs) seems to have really destabilized things. Far from being an event likely "sometime in the near future", look at what is happening in gold and silver right now: paper market (but only paper market) price collapse; widespread shortages virtually everywhere else.

Luckily, no one has to eat gold or silver.