Richard,
I feel sure that Tim knows what he knows. (Now THERE'S a profound analysis!)
Now, re scamming, perhaps we are dealing with a simplistic model in the minds of some: IPM collapsed and lots of people got burned: thus, IPM was a scam from the beginning. It's called the post-hoc-ergo-propter-hoc fallacy. The links from hither to yon grow a bit dim upon close examination. But with Bill and EC on the watch, we will never lose sight of the truth. Right. It would be nice if, in praise of Poirot or Miss Marple, a COC of facts could be established. But if one denies the possibility of any one outcome (e.g., that the gold might be in Black Rock and other factors caused the crash, or that IPM was a con from the beginning, or that...), then any fool (me included) gets to have an opinion.
But I once had a professor at Berkeley who explained to his class that anyone in the class was entitled to an opinion. However, HIS opinion was the correct one. Loved him. He gave me an "A". And I trusted his opinion. Can we trust EC and Bill here? If you say so, I will.
Regards, Ed D. |
