* Gold, Swiss Frank making new records.
* Currency war = each country trying to destroy itself most quickly
* Big Media still interpreting bad economic news as good for stocks b/c it causes Fed to ease.
* CNBC Gold Bug “Gold not a hedge against inflation, but a hedge against a weakening dollar.” Huh?
* Krugman took a jab and Schiff — “How’s that hyperinflation thing going?”
* Peter ends with explanation of why he’s setting up a business off shore.