Debt Ceiling Talks Breakdown/Temporary Default in Europe/gold and silver rebound


Good morning Ladies and Gentlemen:

I am so sorry that I could not give you a complete commentary on Thursday due to problems with

our service provider.  However I will make up for it this morning.

Before beginning, I would like to introduce to you the latest 3 entrants into the banking morgue, two banks in Florida and one in Colorado:

Bank…



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