People are buying gold again while the brutal bidding war for oil continues as saber rattling wrecks world oil markets. The Concert of Nations after WWII is collapsing rapidly. Our allies are increasingly fearful and agitated that the US will not only stop buying their manufactured goods but also maybe end up like the Soviet Union and leave Europe and Japan alone to face the full fury of Russia and China when we go bankrupt. 'Fix the DOLLAR!' the G7 dwarves shriek at old Grumpy. But he can't fix the dollar. For it is weak because our trade and budget deficits are immensely in the red. Libra is balancing Her scales in preparation for October, the month She usually delivers Very Bad News.