Loading ...““I think what we missed, and I have been thinking about this a lot, we didn’t fully understand the extent of the new financial innovation. What you have today between derivatives, high frequency trading, algorithm programs and what have you, you can do amazing damage to markets and put them almost anywhere you want. ”
I think this is what all the greats missed, Embry, Sprott, Sinclair etc.
Just how different the technology and ability to manipulate markets is compared to any other time in history.