My Dear Extended Family,

We all know that the short term direction of markets is more a product of soul-less machines than it is fundamentals or even technicals.

Writers and speaker are always asked the why of a market move. Well, if we have to define a why it is that the focus of markets is now on the fiscal cliff with the anticipation of a partisan drag out and knock down fight scaring equity traders.

The solution will fall on central bank's policy of stimulation.

The Fed will be the lender of last resort to the entire western financial world. QE to infinity is not a choice, it is the only tool that applies to the present international financial situation.

Gold is alive and well. Gold shares according to very knowledgeable CIGA Luis Ahlborn Sequeira "will become the market."

Relax,
Jim