There comes a moment in every long, grinding bear market when the selling exhausts itself and nobody cares anymore. The last marginal seller has finally thrown in the towel.
And when an entire corner of the commodity market gets left for dead,...
“These are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country…”— Thomas Paine, 1776
It’s one of my favorite lines in all of literature — and one of...
