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I've argued for several weeks that investors should look for a breakdown of gold's correlation to oil. In recent days, that's been happening: first, gold didn't react strongly to the latest flare-up of hostilities in Iran, and at least the past two days, it's de-coupled.

History is written by the winners & politicians decided to blame lax regulations for the '08 financial crisis, but that doesn't make it right: Phil Gramm & Jeb Hensarling correctly point to coerced subprime lending by Fannie & Freddie: wsj.com/opinion/alan-g… x.com/AxelMerk/statu…

Fwiw, @adamtaggart, buying a house is a question of risk more so than price. Given that it is a highly levered investment for most, the question buyers should ask yourself is whether you can afford the risk of the price going down. If so, lifestyle choices may prevail.

“Stores can sell cucumbers or cans of Coke because they qualify as snacks, but not zucchini or cans of beans, which can’t be consumed on the go. ”

Germany has rules! Notably many rules what may be sold in Sundays.

As w many reforms, Germany is noodling around the edges, easing

"Beneath the surface, things look more worrisome... on auction days, the 30-year yield has moved much more since 2022 than in the prior eight years....dealers want more compensation for carrying Treasurys in their inventory" WSJ's @greg_ip writes wsj.com/finance/invest…

Unlock Gold Mining Value in ASA

Saba Campaigned on ASA's Discount - But Hasn't Delivered

For an update on Saba's hostile takeover and how to unlock value in $ASA, read saveasa.com/asa-tender-now

Warsh says the task forces have 6 months, not years. Early reports in September, conclusions in December.