Eric Sprott warns that there are 'global shocks coming' in this interview at King World News. I think he is right.
I put a heavy hedge back on what is now a straight up long bullion position, sans miners.
“To an important degree the financial world isn’t populated by people willfully doing evil, but by conformists who have simply stopped asking questions about right and wrong.” Joris Luyendijk, Among Bankers: A Journey Into the Heart of Finance --- "My heart was light and joyful in my work, because the decisions were not mine." Adolf Eichmann -- “The sad truth is that most evil is done by people who never make up their minds to be good or evil.” Hannah Arendt
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.