Why Gold Could go to $1,300 by Year-end (MarketWatch)

Yup, putting the professors in charge of the economy was a brilliant idea see Negative Rates are Lethal, The Bomb Ticking Inside Today’s Bond Market, Where Home Buyers are Paid to Borrow.

Obama Finally Finds Common Ground: America’s Hatred for Cable Set Top Boxes! (NYTimes)

China Reverts to Old Playbook to Steady Economy for Now (Bloomberg)

Hedge Fund Hotel Collapses (WSJ)

The Wall Street I Have Known (WSJ)

Video: Fed Should Do Less of What They Do (Bloomberg)