Considering the recent price declines in gold, one must not forget that the precious yellow metal has been one of the best performing assets in 2016.

If anyone sees any inflation, please report it to us. Not the CPI, but the GDP inflation index and while taking into account the deflator index.

Conventional wisdom, as expressed by those who have turned very bullish on European and U.S. financial stocks, is saying the Fed will raise rates in June.