Hi, Arthur,
" I'm not sure I buy his views on LEs and non-favoring of any one line... "
read to me like you were questioning the sincerity of Mr. Merk's words and their meaning, not that your opinion of the situation differed from his, as a matter of opinion.
My apologies for misunderstanding.
Of course, I'm still interested in reading some "clarification" of the underlying assumptions of your opinion, as isn't what this site is for? So we can all share in our knowledge, experiences, and help shape our own opinions through understanding the opinions of others?
Cheers,
TM