Juggling Dynamite

I recently met with Marc Faber in Vancouver and we shot a segment for the Kelowna Wealth and Money Show that played this weekend.
Here is the direct video link.

As the political world suffers through a very long denial, it is cathartic to hear someone call “bullshit” on proposed paths. Nigel Farage, leader of the UK Independence Party (UKIP) and member of the European Parliament, is good at it. Here he was a few days ago. Here is the direct link.

The gold company index (XGD) is free-falling. If the Bernank gives some more QE hopium this week, the sector might find some support. But then not necessarily: even with all the QE out of the US and LTRO out of the ECB the past 3 years, the gold company index is today back where it was in April 2009.

Source:  Cory Venable, CMT, Venable Park Investment Counsel Inc.