Silver rocketed to a new all time high today of 117.70, but backed off to around 108 into the close.  Still a solid gain piled on the recent breakout over 100.

Gold rallied.

Bitcoin slumped a bit.

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The Dollar continued its cascading decline, now to the bottom of the 97 handle.

Stocks rallied sharply.

Then tend to do that on Mondays lately.

We will be having the FOMC rate decision on Wednesday.

It's hard to tell, but things seem to be approaching a tipping point in the States, as we head into the midterm elections. 

It seems that the bold lawlessness of the day will keep testing the strength of justice and the commitment of this generation to the freedoms which it has been given.

That boldness will continue until stopped.  And as men learn that they can break the law with impunity, they will develop a taste for it, and the impetus for even greater excess.

"Where are the leaders?  Has our political process become so compromised by powerful interest groups and the threat of character assassination that even the best among us will not dare to speak honestly about the solutions that might bring us back to common sense and fundamental fairness?"    Senator Jim Webb, A Time to Fight, 2008

Where are our leaders indeed?

Have a pleasant evening.
 

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