to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference.
Wake up!.. its the first day of the rest of your life. What a beautiful "serene" economic landscape awaiting us now. Many pundits and retail traders are convinced that money printing can levitate garbage indefinitely. As usual the PTB still have the strings attached so this week could be a real rollercoaster. For the traders that still have a pulse, I'll warn you that it could be a tough week for the PM trade if they decide to do another tree shake. The pundits however are forecasting NO QE announcements near term and therefore the demise of the gold trade short term so maybe there is a chance the metals and miners can rally inspite of the Central Banks illusion that they are not going to print and buy the sovereign debt vehicles. There's no choice. They will buy bonds or we enter the stone age. The only debate from anyone with two IQ points above a rock is when they pull the nuclear option on the market gamers. In a perverse manner way "nuclear" may not be "descriptive". There will be many twists and turns going out in this supercycle collapse.
Some of this is going to be planned and some of this will be random collisions of chaos. Obviously we are nearing an inflection point as the CONfidence slides over the edge. Don't be fooled by the volume.....it can get even lower and so can the VIX. This is for all the marbles and remember how hard it is to land a 747 on the head of a needle.
Human nature falls prey to evil very easily for most. Anyone doubting this only needs to look at what happened in South Africa with the striking miners. If you do not recognize just how broken this game is, and just how much danger is ahead then you never will.
Northern Missouri and Iowa border are a bean and corn disaster area. gl
|from Silver for the People|