GOLDBUGS AMEX Goldbugs Index (GOLD)

[peel+green]

The USD is only a few points from a reading on the DXY that says '78 point something.' I think that will start a run down that will prove very unsettling to the US ratings, the US economy, bonds and a tremendous uplift for Gold. And Silver of course.

Charles Evans is still making his 'taper unlikely soon' noises and although the knee-jerk reaction of the Dow is up, everyone knows that the QE Ponzi scheme cannot taper.

China is key. Their T Bond purchase/sale volumes, netted off, will show us all and especially the Fed how close the USA is to self-inflicted destruction.