...From Bill cara's column today 

"...The $USD rallied hard and the gold price dropped sharply on Friday as traders expected a worsening liquidity crisis. The calamity in forex and precious metal markets will continue for several weeks and probably months before gold falls to probably 730, possibly as low as 650, and the $USD moves higher to at least 82, which will relieve some pressure on the US inflation front. At that point, I anticipate Crude Oil to be priced in the 75 range.

During the liquidity crisis and tightening process, I anticipate the US equity markets to possibly fall back to 10 and 2, which is to say to 10,000 for the DJIA and 2000 for the Nasdaq Composite.

Anybody who sugarcoats this situation is either incompetent or refusing to act in a fit and proper manner, and ought to be held accountable."

The good news is we're not dead.  The bad news is our share price has tanked...gold is (according to Cara) tanking...we are in an official bear market for stocks...and we missed the upswing in gold with our respective thumbs up our asses whilst the well-spoken, intelligent lard-assed broad with the cream cheese bagel clenched between her teeth sat on our permit for the past 8 months while the stock market and gold sky rocketed.  Did I leave out the imminent onset of financial Armageddon as the entire banking sector caves in on itself?  Sorry...my bad.  Question for the board...since when does a relatively low level bureaucrat (i.e. the permit floozy) ignore the directives of her superiors (i.e. CVG...NA...etc.)?  MY rant for Sunday evening.