Everything is breaking records at the same time. Cutting rates now doesn’t fix the problem, it pours gasoline on it. Nothing screams impending financial Armageddon more than precious metals going parabolic.

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Everything is breaking records at the same time and that’s not strength, that’s stress.
When stocks, gold, debt, and delinquencies all hit highs together, it means the system is being force fed cheap money. Cutting rates now doesn’t fix the problem, it pours gasoline on it. This rally isn’t confidence, it’s desperation dressed up as optimism.
Enjoy the sugar rush, because the crash always comes after the high.

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