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But one thing is for sure, whenever i hear these days somebody says: “I will not do that if SHTF“ or „I ll do only that if SHTF“ whenever i hear that i feel sick. Wait and see… Truth is: You never know how far you are going to go with some things in order to survive, there is no chance to know that before SHTF, everything else is only talking and discussing in front of PC, in nice and warm room, safe, not hungry or thirsty and not under fire or chance of losing life or that loved ones...

If you like your Wall Street analysis with a heavy dollop of rapture and Armageddon, today was the day for you. Blame the weighty issues of the day (Europe, mostly), and yesterday's big selloff for the spasm of bearishness. It started off with Nomura's Bob Janjuah. He said that any talk of the ECB saving Europe was a mere pipedream, and that if the ECB did go whole-hog buying up peripheral debt to suppress yields, then that would prompt a German departure from the the Eurozone.