I enjoyed his comments about the IMF special drawing rights being pretty much a new unbacked world currency from a world bank. All very interesting.

Ted Butler on kingworldnews worth a read and listen. Silver shorts from big banks backing off.

The comex gold commercials' shorts and longs have both risen to record levels for the last 10 years, but the ratio of shorts to long is slightly lower. And gold rsi is backed down to around 70.

I'm topped up with SGR and off to listen to Bob Hoye on Howe Street.