Gold has hit new record highs the past few days. As I write this it is around $2,160 an ounce.

The fact that gold is regularly hitting new record highs is just another indication of how broken the economy is. People wouldn’t be buying gold and other assets outside of the system if they thought the system was on solid footing.

I’ll leave you with Jeremiah Babe’s latest economic doom videos if you want more details about how fucked everything is. Take my word for it though, it is quite fucked.