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"Demographics may not rule absolutely, but they likely will dominate investment markets and returns for the next few decades until the Boomer phenomena fades away. The 1% – in addition to the 99 – will need extra doses of Xanax, or additional slices of cake, to cope."

This week has seen a slew of significant levels related to the post-2009 bull market break on several key stock indices.

Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose.

"These people that we welcomed just three months ago with teddy bears and water bottles ... started shooting at the cathedral dome and started shooting at police. Well seasoned police officers then confessed to me that they never saw something like this in their entire lives."

Sure Oil can go a dollar below this low, but for all intents and purposes this is the bottom in the oil selloff that was predicted for the start of the year.

Gold has has been one of the best months for gold in terms of monthly performance in the last 10 years. Bloomberg confirms that today.

"He stopped studying and rented bouncy castles for children's parties while supporting banned militant group Al-Muhajiroun and running 'roadshows' aimed at attracting troubled youngsters in inner-cities"...

A few weeks ago Margot Wallström, the Swedish foreign minister, dared to denounce the subjugation of women in Saudi Arabia. Wallström went on to condemn the Saudi courts for their "medieval methods" and their "cruel attempt to silence modern forms of expression." The backlash was fast and furious: Saudi Arabia withdrew its ambassador and stopped issuing visas to Swedish businessmen, and The GCC condemned her "unacceptable interference in the internal affairs of the Kingdom of Saudi Arabia," proclaiming they wouldn’t bet against anti-Swedish riots following soon. Yet there is no "Wallström affair." Outside Sweden, the western media has barely covered the story.

EU countries join the UK, the U.S., Canada, Australia and New Zealand in having plans for bail-ins in the event of banks and other large financial institutions getting into difficulty.

Gold is poised to rebound dramatically this year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s 2016 upleg.

“Play it again. I love the feel of it"...