As stocks soar unendingly (and vol drops unerringly) the US Mint notes that sales of coins is at its weakest in a decade as complacency in the face of ever-increasing potential-crisis-events nears record highs.

The question is - what happened the last time the public gave up on buying "protection against the idiocy of the political cycle"?

The answer is awkwardly simple... everything collapsed.

And as a reminder, China's Golden Week Holiday ends this weekend and that has traditionally meant only one thing for gold...