Seems to me that the coming week will feature lots of discussion on inflation, oil, debt, low consumer confidence. Taken together, "that things are not going well at all for the US" --the obvious but still somehow ignored elephant in the room-- may get some recognition this week.

As I don't believe in the ability of the Fed or others to contain a large scale shift in paradigm, we may see an exciting change in the consciousness of the US investors. If those who've kept their gold investments at just 5% of portfolios choose to increase that just a bit, say to 10%, we should see some very big moves in gold.

And what will all those retired people do, who can't afford to drive their Winnebego on the road this summer? How will they spend their time, if driving is not affordable? Maybe they'll get vocal?!?

This, and an updated resource, would make for a very good week.

SKELEG