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Susan and I are driving to St. Petersburg on Wednesday, to hear my son Andy Schectman speak at the “Investment U” conference.  After his speech on Thursday, we will drive down to Boca Grand and visit some close friends.  Then it’s back down to Miami late Sunday afternoon.

I had to write Thursday’s newsletter on Wednesday morning, before we left for the trip.  No time for my comments, but there are lots of very interesting articles to be found.

Due to the travel schedule, I will not be publishing my newsletter on Friday and probably not on Monday either – it depends on how early I get back on Sunday.  I expect to see gold above $1,600 and with a little luck (and help from JPM), silver could flirt with $30 by the time I write my next newsletter.

Meanwhile, here is a great chart to ponder…

Central Bank Balance Sheets