The world economy is kind of hard to understand

Above: home sales paint a rosy picture, even 1st time  USA home sales

Record low unemployment

Stk market boom

Gold and silver showing signs of life, which doesn't jive with stk market

Record low int rates

Then we have the other shoe

Is there a shortage of world grain that has not been made public  = food inflation Reports of crop failures around the world, but there is always crop failures

 That ASF is a hard one to figure. if china had not had 1/2 loss of their herd how much more feed grains would china hogs have consumed???

Baltic Dry Index faltering

Cass freight movement faltering

Manufacturing down turn in inventory supplies etc.

Auto sales down but not as much as some would have us believe

Fed keeps on pumping billions into the economy with "not QE 4" every month

Some day pensions and social commitments will be BK due to low int rates [see Illinios] = higher taxes [see Illinios]

A generation of savers have been wiped out with low int rates

Will stk market crash

Some day a socialist will be president of the USA

Greta at Devos says the world is on fire

Bankers publicly agree with Greta but privately know she would BK the world

China economic problems

EU economic problems

Russia, China, India are the big banks buying gold  -  why??? Others are buying smaller amounts

It's a head scratcher

I've been saying all along that housing industry is doing GREAT. Check out this chart of NAIL.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nail&insttype=&freq=&show=