Gold continues to thrive, as it occurs to more and more people that the world’s paper currencies are going to be ultimately worthwhile as a robust toilet paper and little else.

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Gold continues to thrive, as it occurs to more and more people that the world’s paper currencies are going to be ultimately worthwhile as a robust toilet paper and little else.


Aligned with my assertion that rates are going to plunge mightily, bond funds, such as the monster TLT below, continue to rally.

Yesterday you probably noticed that Starbucks (SBUX) went blasting higher. It wasn’t because of earnings. It was simply because they hired a new CEO. That news alone added $20 billion of market cap to SBUX instantly (which must make the ex-CEO feel really special).
