I received two especially troubling emails today. The first was from a reader who had bought silver at $48 in April 2011 and gold in September at $1900, who wanted to know my opinion regarding when he might once again break even.The second was from the Screwtape Files auditors, who wished to remind me that contributors are not actually paid by the word (or indeed paid at all, a revelation that was something of a shock to me), and so I might wish to keep my next few posts a little briefer.
Alors, on y va: