While the RBS report might be startling many on Planet Wall Street, its contents and analysis are nothing new to most of us on Planet GATA. Good grief, how many months have we covered the key US economic points of the day which are plain as that same day…
*A credit crisis which won’t be going away any time soon.
*Soaring inflation, exacerbated by runaway food and energy prices.
*Slumping housing prices in the US.
*Growing unemployment in the US.
*A weakening US economy.
That combo is not a recipe for a roaring bull market. 
What has been so surprising is how long it has taken for a credible report like this to gain so much mainstream press attention. If I am correct, the reason for that has been the PPT. Their support for the DOW and US stock market has elicited one comment after another how well "the market" is acting vis-à-vis the horrible US economic news. This led to one Muppet analysis after another that the bad news was already discounted … that the bad news was behind us.
Complacency on Planet Wall Street about the real deal has been omnipresent. Could they have been looking at the same financial company charts that Chuck Cohen has continually brought to our attention?
When it comes to gold, years ago it would have been a task to have dreamed up a more bullish scenario … to have come up with more reasons to want to own physical gold and silver. 
Yet, we diddle and diddle and diddle. And we know why. Perception is everything to Planet Wall Street and the Orwellians.
Thus, their Gold Cartel has kept gold and silver at bay to defuse what is really transpiring in the financial world.
Today has been typical for gold and silver. On a day when their prices ought to have serious traction on the upside, they are nowhere, but perhaps this RBS report will be The Tipping Point we have been waiting for so long … meaning the wake up call for so many investors who have shunned gold and silver to-date.
We shall see, but at least there is a shot here this could lead to THE BEGINNING. 
I have to laugh though. While the RBS report is headlined every half hour up here in Canada, I wonder what sort of play it is getting is getting on CNBC back home? 
Bubbles...