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Here is the link to a superb video from our friend David Morgan.  Take the time to watch it.

Yesterday, I wrote, “The Cartel is busy at work again this morning.  It’s like the movie “Groundhog Day,” the same thing happens over and over again.”  I presented the same charts that you will see, below, in Andy Hoffman’s Rant.  Andy and I really do think a lot alike but he goes into far more detail and adds his own unique bit of “spice” to the mix.  For those of you who read my Daily but do not read Andy’s afternoon Rant, here is some of what he had to say that is very worthwhile reading:

Fiat Money, Fuzzy Logic, and War