“The last time this kind of sentiment was seen after the stock panic, gold was just launching its biggest upleg of this entire secular bull!”  Zeal  “There currently is a large short position in the Comex gold market, which could set the stage for a short-covering rally in gold prices.”  WSJ

“Business Insider offers a deep dive into the world of gold, looking at what moves its price, who is invested in the commodity, and how it’s made.”  Scribd

It’ll get papered over:  “Growing Fear That Cities Will Default–Not Out of Necessity but as a Strategy”.  WSJ  With “Key price indexes are uniformly running below the Federal Reserve’s 2% objective” the door is open (WSJ).  Housing is adding to GDP (WSJ).

Agnico-Eagle (AEM) stock has returned from the dead, in a really bad tape for gold miners,  as operations have been turned around (Mining Weekly).  I wrote about it at SA.  Meanwhile, Barrick (ABX), Newmont (NEM) and Goldcorp (GG) reported lousy quarters.  Gold Bugs Index (HUI): Buy, Hold or Sell?  Safe Haven.

Deflation Now. Inflation Later by Bill Bonner.

More on Gold Set for a Huge Breakout by Robert Sinn.  Triangulation galore — Gold and British Pounds are set to move by Peter Brandt.  Gold & Silver ‘Chart Mania’ at KWN.