Just a brief post today concerning a couple of anecdotal demand indicators.

Last week, I reached out to our friend, Ned Naylor-Leyland for a progress report and status update on what we call The NASE (Ned & Andy's Silver Emporium). 

Another day, another gun of the sell-stops. That's four days in a row. Most folks call it a rebound. 'Round these parts, we call it an FUBM!

Not much going on today other than WOPRs banging the stops. Tomorrow, however, will be different.

He's done it! I would imagine he feels pretty good about himself today, too. He's likely receiving congratulatory calls from his banker friends around the globe. Gift baskets from Dimon and Blankfein arrived earlier this morning, too. The stock market is back to alltime highs! I can hear the popping of champagne corks all the way out here in flyover country.