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May 15, 2008

Speaking of Market Tops ... Sprott

Does the Sprott IPO issue today mark a kind of energy/resources market top, much the same way that Blackstone et al., going public did the same thing for private equity? After all, when a highly successful energy/resources fund manager decides that he can make more money being public and decides to sell shares to the public, you have to ask yourself: Should I be buying what he is selling? 

More here.

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