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What's fascinating is that gold actually fell off a cliff today. In an equity market like we had this week, that would normally be the flight to safety, but it's not happening. It's just a totally irrational market right now that is throwing fundamentals out the window. There are companies that are literally trading at 1x earnings.
I can't wait to read a book about this time period in 10 years or so after this has passed.
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