Very true. Nothing has improved on the global economic/financial front.
- Italy and Greece are still in financial trouble.
- US still owes USD20T.
- Other CBs' and TBTF banks' debts are still spiralling ever higher into the $Ts stratosphere.
- Super wealthy are still buying gold.
- Smoke and mirrors still in play. Eg. threat of Fed interest rate rise even though it is now well known that the TBTF banks cannot afford the rate rise and will suffer from it.
- Last but not least, we're still eagerly awaiting BDR's updates.
R.
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