by Jim Rickards, Daily Reckoning:

Not surprisingly, the stock market bounced back today after yesterday’s mini-crash — the “buy the dip” theme is deeply entrenched in today’s market.
But don’t make the mistake of thinking that stocks will continue on their way to record highs. There are too many red flags to ignore, although Wall Street would like you to ignore them.
Meanwhile, yesterday’s market swoon distracted people from a major developing story that I originally planned to address:


GOLD CLOSED UP $14.10 TO $1977.80//SILVER CLOSED UP $0.49 TO $23.90//PLATINUM CLOSED UP 8.80 TO $1009.90 WHILE PALLADIUM CLOSED UP $27.25 TO $1397.70//IMPORTANT GOLD POSTS: AMBROSE EVANS PRITCHARD//CHINA’S ECONOMY IF FALTERING AND 5 COMMODITIES WHICH PROVE THIS IS HAPPENING/THE IRISH ARE FORCING THE CULLING OF THE CATTLE TO MEET CLIMATE CHANGE: HOW STUPID CAN THEY BE?//RUSSIA CLAIMS THAT THE USA IS BEHIND THE CONFLICT BETWEEN SERBIA AND KOSOVO//PROBLEMS OCCUR AT THE BORDER OF IRAN AND AFGHANISTAN (TALIBAN)///COVID UPDATES//DR PAUL ALEXANDER/EWOL NEWS//SOUTH AFRICA SIDELINES ANOTHER RAIL DUE TO MASSIVE THEFTS OF EQUIPMENT//DEBT CEILING BILL PASSED //DAVID STOCKMAN TELLS THE TRUTH ON THE BILL//USA MFG PMI’S FALTER BADLY





