Gold topped and closed above $4000 today.

This marks the consummation of a forecast about the global economy and the 'currency wars' in the resolution of Bretton Woods II that I had made in the late 1990s with gold at $300. 

I am very grateful that I have been allowed to live long enough to see this all unfold.

Silver lagged a bit, being weighed down by the economy and the equities.

Stocks sagged but held a level. When they give way they could fall quite a bit, but we'll need to see some trigger event for that.

But is is coming, sooner or later. And it will be remarkable.

Have a pleasant evening. 

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