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Is the CPI a Good Investment?
Jay Parini: I think maybe OK, we're seeing a bit of a correction in the gasoline price. Well, what season is it, right? And what's going on in Europe right now? I can't expect any other outcome other than skyrocketing energy prices coming into this winter. We are seeing a drawdown of the London metals exchange, the Colmax market being backdored by the commercial banks out of the ETFs at a level that I have never seen in 30 years, ever. It seems to me that the most well-funded, well-informed, successful traders on the planet are choosing assets, commodities, gold and silver.