<< The US trade deficit and capital surplus is OK up to a point (much like the first three drinks at Le Femme Nu), and then there is hell to pay for, by everybody in and outside of the country, except those that loaded up on contra-cycle assets.

I am looking for that contra-cycle trade and having a hard time, really wanting to know what the great Soros is doing with his stash. Even as I am aware of the enormous overhang of Central Bank and private hoard of gold that is out there, I gravitate towards it, adding ever so little with each passing month. One thing can be said of gold – there is always liquidity for it. In the meantime am sinking under the weight of heavily appreciated platinum and are concerned about the declining auto sales and the increased mining output. Not a lot of places to run to when the entire arena becomes a frenzied killing place.>>