I was sorry to hear that GATA Director Adrian Douglas passed away today.
US markets will all be closed on Monday in observance of Martin Luther King day.
Have a pleasant weekend.
"Hitler regards liberalism as a form of tyranny, hatred and attack as part of man's civic virtues, and equality as immoral and against nature. Since he is a concentrated, introspective dogmatist, he is uninformed by exterior criticism...He believes in intolerance as a pragmatic principle. He accepts violence as a detail of state...He has a fine library of six thousand volumes, yet he never reads; books would do him no good — his mind is made up." - Janet Flanner, 1936
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.
Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.