It is not just interest rates are rising, the market is increasingly factoring in real risk including default to rates which further depresses low yielding bonds and increases the rates for new bonds. Yellen's low rate game is finally failing miserably. Lending must always include risk premiums no matter how low rates go. With people and company piling on new debt because of low rates it seems clear when rates rise some will be left out hanging along with the lenders.

Apparently the way they calculate inflation is by removing anything you need like a place to live, food, and gas. Apparently they all should be discounted out because they actually rise and fall more strongly than everything you don't need like clothes, cars, and computers.

Few realize the Euro Zone's stimulus is bad not good. It is due to renewed signs of severe weakening from stronger Eurozone countries.

Saudi Arabia's government has the lowest debt structures of most modern countries and lots of assets. Fears they will go belly up are way overblown and are more wishful thinking that somehow they will cut production to keep other countries oil businesses in business. Wrong. That is why they are refusing to cut production like before. They have only lost market share and pricing power for doing in previously.

There are dangerous signals not just by the number of advancing versus declining stocks, but the lack of market participants and decreased trading volume after subtracting banks, brokerages, and market makers. It is true, less trading by others makes it easy to manipulate prices, however, it inevitable undermines the legitimacy of the market and drives capitalization to new lows.

Another terrible incident by terrorists. The world must come together to stamp out ISIS and terrorist organizations that commit atrocious crimes overseas. The US can't do it alone.

Global woes are much worse outside of the US, however, much of it has been on artificial Fed liquidity and continued unsustainable deficit spending which kills growth and capitalism. Unless we also want to end up like Japan or Europe, we need to stop the hemorrhaging early on.

Sadly this is nothing new. What is amazing is the comptroller having the strength to acknowledge the fact. Add to that the liabilities we are taking on TBTF banks and Fannie and Freddie along with student loans and you wonder just how long the lies can go on before this mess becomes unsustainable even for a short period of time.

Sadly this is nothing new. What is amazing is the comptroller having the strength to acknowledge the fact. Add to that the liabilities we are taking on TBTF banks and Fannie and Freddie along with student loans and you wonder just how long the lies can go on before this mess becomes unsustainable even for a short period of time.

The issue is gold's value is also diminished by mining of new gold as well as the creation of gold backed money which some indicate has been greater than the devaluation of the dollar since it's not fully backed by gold and is created by all sorts including people wanting to have the price go down. Gold's real return so far has been such people who loan out their gold for interest to those that want to make even more paper gold backed by a small percentage of real gold. Everyone else has been a loser since there is no one able to prevent even higher dilution of gold by paper gold backed as high as 20/1 or higher to real gold.