Markets, politicians move.

We have seen the minutes of the FED. They talked of easing, but how and when is not spelled out. The Stock Market responded by pulling back from some of the losses. The gold market responded by rallying to 1,653. If it closes above 1,660 then gold is off to the races. 

What about the prediction of James Dale Davidson that the US Dollar's use date will run out on Sep 23? Right now I see nothing on the horizon that would justify this prediction.

Except.

The German constitutional court will render its decision on Sep 12. Is it constitutional for Germany to provide funds to bail out other European countries? Without German participation, the mechanics of the bailouts will shatter. How will they make the ECB or the ESM issue more currency to continue the bailouts?

The Greek bailout and the Spanish refinancing wait like walls in front of the people kicking the can down the road.