"Every insurance product created by the financial system—whether that be a sovereign bond, a fiduciary currency, a futures contract, a credit default swap, etc.—has counterparty risk. Since all major financial institutions are nowadays connected, risk contagion is guaranteed. An insurance against the financial system is, therefore, ideally to be found outside the financial system, namely, in gold."
Jan Nieuwenhujs
Stocks took a crack at rallying again, and failed. Although they did manage to hang on to the opening.
Gold and silver were up slightly, while the Dollar was down slightly.
This is going to end badly.
Big changes are coming. What has been hidden will be revealed.
Rough seas ahead, mateys.
Have a pleasant evening.
