Got Gold?

This doesn't bode well.

Seems that an auction of 30 year treasury notes didn't yield the sales they anticipated. People are voting with their pocketbooks, or in this case possibly, countries are voting with their pocketbooks.

Plus word that the Chinese are buying gold, and using it as a reserve, not as a tool to facilitate exchange.

Basically they're saying they don't trust us to protect the value of our money, and the way the current congress is spending, I can't say that I blame them. ; -)