At this point, I would say that a default on the Comex is pretty much inevitable. The game is almost up. A Dollar devaluation appears to be an inescapable inevitability also at this point. Sure this ridiculousness might drag on for another few months or so. Maybe even a year. Doesn't feel like it, though.

Gold and mining has gone down with everything else, but this is not to be the case as the game draws to its ultimate conclusion. Do not lose faith in what you know and feel. Those of you that can hold on, will fare very, very well. Do not leverage yourself, so that you can get forced out of your positions.

When the panic comes, Kimber will go much, much higher. Thirty or forty dollars a share is not an impossibility. I have seen nothing that even resembles panic yet. I don't even see fear. The ding-a-lings on CNBC are still smiling. There is not much more to say at this point. Bull