Just a few things I'd like you to ponder overnight.
First, the one thing I accidentally left off the previous post was the likelihood of further EE attacks overnight. They're probably greater than 50-50. Yes, price was effectively trimmed by 65 cents but that doesn't mean that she's done. I would not be the least bit surprised to see silver trade down toward 34 in asian trading tonight. Just a hunch.
Lastly, I need a little help because this one's bugging me. Please take time to register and read this story:
If you don't want to register, a summary can be found here:
OK, now help me with these questions:
1) Is this a credible assessment? The analyst seems credible and Bill Gertz is a respected writer.
2) If this report was written in 2009, why is it being declassified now?
3) Should we be worried that "the end of the great keynesian experiment" is coming much faster than even I expect?
4) Are you beginning to prepare for this possibility?
5) If not, why not?
More tomorrow on what promises to be a very interesting day. TF
ps This follows along quite nicely on the USDX issues we've been discussing the last few days.
And this is worthy of your consideration, too.