The Editors’ Quote of the Day:

“Now y’all look at this nine year Dow/Gold Ratio chart and it’s quite all right if your eyes bug right out of your head and roll across the floor. This is a picture of a market broke as the Ten Commandments.  Mercy y’all, below 69.3 there ain’t nothing at all to catch it!  And what does a falling ratio mean?  Right, give that man a nickel — it means silver and gold shooting to the moon.” – Franklin Sanders, in The Moneychanger newsletter