Dear Comrades In Golden Arms,

When Greece falls "CDS OTC Instruments of Western World Financial Destruction" will tear apart every currency, including the dollar, one state at a time.

Merkel will kill herself and Germany if she persists in political grandstanding.

When Greece is bailed out it is "QE to Infinity."

Either way this is a catastrophe because the OTC CDS market now cannot be stopped as it will issue out of Uzbekistan or a satellite country if necessary.

It is too late. The monster that will eat the Western World has been set loose in Wall Street.

My observation is the financial leaders are acting too stupid to be stupid, so what is the agenda?

The agenda for gold is $1650 to $5000. Take your choice.

Gold mines will be mining money even though that concept has never entered the minds of the major producers. If it had they would not sell every ounce they mine or hedge anything ever.

Regards,
Jim