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.
"Quite a lot of what passes itself off as dialogue about our society consists of people trying to justify their own choices. Let me propose that if your beliefs or convictions matter more to you than people—if they require you to act as though you were a worse person than you are—you may have lost perspective."
Timothy Kreider, We Learn Nothing, 2012