RE:RE:A trip down memory laneSomething is going to break. You don't have 35 years of debt buildup and speculation due to central bank loose monetary policies without severe consequences when the bubbles burst. Europe is a basket case and energy supply is endangered. China's RE bubble has burst and they have a debt/GDP of 250%. Japan is suffering high inflation as the government buys all new JGBs to hold rates down, but that is weakening the Yen causing more inflation. The Fed is going to send the economy into recession. Tomorrow's CPI may mean another 75bp rate increase at the July FOMC. It could also send gold lower which would create a good buying opportunity in the quality miners.