Notes today:

• Deploying regulators: Treasury department reviewing us bank exposure to credit swiss..
• Credit Swisse: Today’s 24% share price decline eclipses even the worst days of the Global Financial Crisis of 2008. (weekly chart)
• Probability of default is 47% - so says the market (CDS).

"There is never just one cockroach in the kitchen" Warren Buffett 

With more cockroaches making an appearance, could gold perhaps  take out the previous hump?