Busy Re-deploying Cash We Raised Last Week

before the sell-off. Scaling in on my favorite positions. Here are some articles that should be read. I wanted to add some commentary to these links but the articles speak for themselves - bon appetit:

From Clusterstock: Gold to $3000?  (Rosenberg is quick to point out the debt problems throughout Europe, bet let's not forget that the debt bubble in the United States makes Europe look like a day at the beach).

China Buys Physical Gold vs The West Dumping Paper Gold (make no mistake about it, China is voraciously accumulating physical gold - a lot of it is via their sovereign wealth funds, like China Investment Corp, and does not get reported to the IMF as "official" gold holdings. I know for a first-hand fact that CIC is accumulating gold).

Bill Clinton Slips, Admits Closing Gold Window Caused Our  (Bill Clinton is a closet goldbug).

Middle East Banks Going "de facto" Gold Standard? (We buy their oil with dollars, they turnaround and buy our gold with those same dollars).

As Europe continues to melt down, keep an eye on the growing civil unrest in Greece. There is a real risk that it will spread over Europe and even to the United States, as the controlled demolition of paper currencies spins out of control.

Remember - THIS is real money:

This is NOT: