There is so much “gold friendly” news out there that one would/could almost publish a weekly magazine about it. On the other hand we see that the monsters of Wall St. continue to stem the tide against the markets with diplomacy, spin, massage and even thuggery, or is that buggery?  Greed and leverage rule the day. It matters not to the staunch gold bug warriors, road weary and tattered from years of dogged, plodding determination, still holding steadfast and hypnotically focused on the horizon, led on by the incredible courage of their flag bearers and leaders. The ongoing journey has been arduous indeed, but those leaders of this hardy group have defied all obstacles and are now gaining momentum, having marched past many mileposts and through many barriers, laterally attracting a building army of new recruits willing to take up the cause. The force is now with them as they can no longer be denied, for the monsters have erred through arrogant dismissal and omission and the cat is indeed out of the bag. Soon the monsters will retreat yet again, losing one more battle to take up their cause farther along the yellow brick road. Their war is being lost.

Meanwhile, the global equity markets have lost $8 Trillion since January 1!  The bleeding cannot be stopped since blood thinners must increasingly prescribed as anaphylaxis for potential thrombosis. Panic-induced blood transfusions are pressure pumped into the writhing patient for fear of lack of liquidity, while all limbs are simultaneously being squeezed off as the blood banks pull credit and begin to distrust one another. Massive doses of anesthetics and painkillers are injected to treat the symptoms, straining supply. The wounds spread and the hemorrhaging continues and soon, saline solution must be administered for lack of the real asset in an attempt to balance the need for volume as systemic risk looms larger. As the cycle progresses it becomes painfully evident that the saline “solution” will no longer meet the needs of the patient, even though all those dependant on the patient’s well being have been told otherwise by “the administration of health”, for they have handsomely profited along the way by the evil growth and insidiousness of their profligate schemes. The only thing that will save the day is real blood and wound cauterization accompanied by intense pain. The “administration of health” balks at this for it would reveal the truth and they would pay a heavy price for their criminal deeds. Unfortunately all supplies of anesthetics and analgesics have been wastefully depleted. The choices become stark as the “administration of health” must demand that their practitioners allow the patient to survive as long as possible in last ditch effort, implementing life support whilst making a hasty exit.  Of course, they could come clean, acquire blood at formidable cost to treat the patient at considerable personal expense, and face consequences of the pain they have inflicted upon the families, friends and relatives of the patient.

Looks like they will try for the exit to me.