by Ed Steer:
"I found it more than strange that Buffett, Munger and Gates were all trotted out in quick succession to bash gold in the main stream media. If you believe that this was pure coincidence, then I really do have a bridge I can sell you for cheap...and you're just the kind of person to buy one. Once could not ask for a bigger contrarian 'BUY' signal than this.
"As I mentioned in Saturday's column, the fact that the raptors [the et al] were selling on lower prices was like having the law of gravity repealed...it just doesn't happen. But as silver analyst Ted Butler pointed out in his weekend column..."It's somewhat ironic that JPMorgan buying from the raptors was always one of my special pet theories, but that was expected by me only on sharply higher prices...not lower prices..."