Here's the deal in a nutshell: there is global money printing going on to boost asset prices particularly in an election year. All politicians have embraced Keynes as their salvation even if their easing will get out of control. Since the end of the Eisenhower administration the buying power of $1.00 is equal to $7.46 in 2011. And since the Bretton Woods agreement $1.00 has the same buying power as $5.51 in 2011. That's what Keynesian policies yield and is why investors have purchased gold and will continue to do so.

Thursday will be Jobless Claims, Retail Sales, Bloomberg Consumer Comfort Index and Business Inventories. And, we will be given a respite from Fed governors campaigning for their policies although Lacker and Evans speak on Friday.

Let's see what happens.

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Dave Fry is founder and publisher of ETF Digest, Dave's Daily blog and the best-selling book author of Create Your Own ETF Hedge Fund, A DIY Strategy for Private Wealth Management, published by Wiley Finance in 2008. A detailed bio is here: Dave Fry.

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