The global situation is going from bad to worse. Stock markets reacting badly today, but, interestingly gold and silver doing well (so far). Synchronised (huge) global financial stimulus (long-term disastrous) on the way. Gold and silver are ticking time bombs. We could see enormous scaling up of national infrastructure projects to try and encourage growth/employment. When this turns the corner $2000 gold will be disappearing in the rear-view mirror. The human cost shouldn’t be forgotten. Sadly, many of us had a sense that something like this was on the way.