The Europeans are getting in on the act…it doesn’t take a genius to see there was going to be Hell to pay. The end of euphoria…if Warren Buffett’s warning Congress that they need to take action – you know we’re in trouble. Bush urges Congress to take action…what’s bad for the dollar is good for gold…and more!

As markets from equities to commodities succumb to ever-wilder mood swings, many private and institutional investors are, quite sensibly, hoarding cash.