“It looks like things are finally turning around,” said a friend at Saturday night’s dinner. “Not at all… ” we replied. Paul Krugman says the world “avoided a second Great Depression.” He’s wrong too.

The stock market seems to be rolling over. Investors read the news. It’s probably
becoming clear to them that the economy is not going back to normal any time soon.

Consumer deleveraging has barely even started, says Payout Trader editor and Crisis Strategy Alert senior analyst Charles Delvalle.

“Never in the history of the world has there been a situation so bad that the government can’t make it worse.” -Unknown

I’m barricaded in my house; there are a zillion ‘Trespassers will be shot!’ signs all over the yard; and I am buying gold and silver with every dime I can steal from my wife’s purse or the kids’ piggy banks.