The Spitznagel article was also published on Zerohedge. Ludwig Von Mises has turned around in his grave... .
Same for moissanite vs. diamond. Even though moissanite can be created in a lab and has superior spectacular brilliance/clarity vs. most diamond, there are still those who value diamond more and will likely always do so and pay more for it.
Moissanite, when it was first created, was sold as real diamonds for awhile before people were wise enough to figure it out. When the truth was discovered, those selling it as real diamond skipped town and lost all credibility in the gemstone community although Moissanite did earn its rightful place eventually. Hopefully we won't need to visit that scenario with the forks.
The wall is looking super bullish again, a couple legs up and we will have another cup and handle.
