John Rubino joined us today. His take is that as the middle class disappears so does the middle point in our political debate, thereby leaving just the extremes. Obviously not a good thing. But attempting to wipeout or forget about our history is not the way to solve our problems. Rather history has proven to be the best teacher and an angry task master. Get ready for those who would attempt to rewrite or obliterate it. COT – Commitment of traders report has turned very bearish towards precious metals. This measure has worked continually over the past 10 years and shows no signs of quitting now. Will it be a down quarter for precious metals?
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