Dislocation begs for some action

I just nibbled at some TRF (Russia) down 10 percent more today. It is a broken country (stock terms), but I can’t resist the dislocation.

The US markets could get real ugly and I am happy to have had a gameplan for that false positive push at the open.

Commodities are truly getting smoked. The US dollar is strong and rates are down. All the normal flight issues in a panic mode.

With most gold stocks down 5-10 percent more today, I am stepping up. Again, these trends and prices are breaking, but so is everything during a panic and the risk/reward looks best here.