The Amateur Message Boards of the World Famous VoyeurWeb

•S&P 500 index notches first intraday record since May 1
•The Dow is trading at its highest level since its Oct. 3 all-time high
•Gold surges 2.6% to $1,384.50 an ounce, hitting a 5-year high

RealTool (and all conservatives) look at the economy the same way they look at climate change. They see the weather in their own back yard and believe it reflects the economy all over the world.

Tool, you need to look at the global economy and the broader picture of the U.S. economy. This includes bonds and factory orders and housing starts and-and-and---

You need to understand that the Fed doesn't raise or lower rates based on the S&P and the DOW averages.

And gold only goes up when the times and other investments are uncertain. I really thought you understood this when you bought your gold. Gold goes up when the shit is hitting the fan.

For most of the hike this afternoon, the weather was as warm and sultry as Ava Gardner.

Toward the end, though, a thunderstorm chilled the air and lashed the pavement with heavy rain.

I would type about global warming, but my fingers -- though they are bronzed and muscular -- feel somewhat chilly.

In short, I'm too cold to type about warming.