Jim Rickards and Max Keiser On Currency Wars and the Late Great Depression

I think you will find this to be thought provoking, even though you may not agree with all which they say.

Keep in mind that in the US currently there is a record disparity between the haves and the 'have enough to just get by.' 

So when one talks about economic states and statistics, and they are naturally referring to the familiar averages and norms, in fact there may be much fewer people there at the average than usual. 

Enjoy.

Gold Daily and Silver Weekly Charts

Intraday commentary on the rehypothecation Ponzi scheme in the metals here.

 

Tomorrow will be a quiet trading day in the afternoon as the US heads into a three day weekend.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Buy the Dip, Skip

World markets sold off hard overnight, but the irrepressible center of the empire managed to rally off the stock lows today on 'better than expected new home sales, and other economic indicators in line.

VIX ticked up a bit, but all is well in a market marked to fantasy.

The US has a three day weekend, so tomorrow is expected to be quiet, particularly in the afternoon when the adults head out early to their shore homes leaving junior and the algos in charge of the world.