Perhaps this title does not mean much to you:  George Soros endorses 5% NGDP target (Money Illusion).  Next consider negative real interest rates as a a sign of the times (Iacono Research).  NGDP stands for nominal gross domestic product.  Soros is advocating a higher level of negative interest rates to ease ‘excessive indebtedness.’  While a bond holders nightmare, this environment will be a precious metal panacea.  The thought process is still a monetary frontier, but so was quantitative easing in 2008.  In short, it’s coming.

Apparently debasement can occur in may ways:  Content Wire.

Why globally coordinated QE and higher gold prices are unavoidable at Gold Silver Worlds.

Gold Stocks: History Argues for More Upside at Daily Gold.  Gone Since March… the Gold Bull Market Is Officially Back at Daily Wealth.

David Stockman takes lays it all out:  CNBC video.  Peter Schiff has a whole lotta fun:  Youtube.

Platinum lead today, perhaps explaining FNV’s gyrations this week.  Platinum Soars As Spreading South African Miner Strike Cripples World’s Biggest Platinum Firm at Zerohedge.

Animated version of monetary policy:  Rortybomb.

Silver Wheaton – Scare Tactic Closure by me,  JJ Butler.

As for this mornings gold and silver stock swoon?  Dip buys came is quickly.  “Good stocks are hard to buy.”