kernull

thats why my physical PMs are only silver (and some aluminium and steel just in case of home repair or anything :) )

sure it will, if you really believe it is going to fall, take some short.

more shorts came today on oil, the 118 level should be breaking tomorrow. gold on a microscopic volume should go to 850 very fast, lets see if this level holds.

no volume yet in gold, oil has even lower volume than yesterday, this means 880 is not the bottom, we are going to test 850 . lets see what happends at 2:15

i just found out that the gold market is a desert right now. check out the number of open contracts, they are LOWER than March lows! the good thing is that there is no shorts (and no longs either), kind of "vacations"... really weird.

895 didnt hold, next stop 890, i closed

oil holded! i took a long on second confirmation, lets see how far it rides, if it breaks 905 I will leave it for FEDs meeting.

yeah, really cheap, soybeans and wheat looks like anticipated oil fall before it happend, a huge drop today, 7% off.

what a sell-off in oil! gold holds better

well, i forgot to see the calendar, and now I found that tomorrow we will have a fed meeting, heeee heeee!!! now i understand todays lack of action. I will bet on dollar fall tomorrow. the dollar needs a pullback, oil needs a pull up, the thing needs to be untied after FEDs meeting. it may happend that even if FED says something about rising interest we could go up in gold & oil, beause this event is obstaculizing to advance in testing oil support/resistance, levels, friday's low volume, and today even lower is because of the meeting.

very difficult time right now. Technically we have tops in commodities index (CRB), and the people who have a lot of money wait for technical buy signal to enter, this is why we hold at 900 level. The CRB charts look like they made a 7 year high, and (same as stocks) are retesting march lows of 380 on CRB, currently 415. If platinum, copper, soybeans and other hard assets drop in price, gold is not likely to rally even on financial woes. So, traders are most likely to sell on current economic news. Monday-tuesday oil has to make a decision. Either it will bottom at 120 level or not. This is very important support level, because if it doesn't hold, gold, together with other commodities will go lower. If oil confirms the support expcect a big run in everything from gold to pork bellies, and of course, 900 gold will be history.

I just posted the picture of what it might look here: http://www.greenenergyinvestors.com/index....amp;#entry51303

i don't know, but this looks to me like the V-shaped bottom Jim Puplava was saying about, and if he is right, there will be no 110 oil! If we are speaking about hyperinflation here, the 120 oil is equal to 110 oil a year ago just in "normal" 10% shadow-stats terms .... dollar rally? haha! so far 125 level vas passed, monday will be the consolidation and tuesday probably test of 132. as for gold, maybe we are going even higher, to the 1000 level instead of 950. we have to watch oil very carefuly.

crude riding on half volume that it rode last ride, may plunge.

LOL, unemployment rate higher and markets up. oil confirmed support, usd/jpy reversing, euro botomed, and so on ... today's bounce of USD will not last. I believe we just began the rally in gold to 950 area, monday will be the big day.

this volume in crude oil should pull gold up. I am still waiting for dollar to have a significant low. Looks like unemployment report may be good tomorrow, but they can sell off USD even on good news.

this is my outlook for next weeks: eur/usd found strong support at 1.550 , they likely to test 1.580 once again, and this will be the last time. Euro fundamentaly goes down, so this i favorable for the USD, some analysts say it going to 1.4400 Right now, the USD is exausted in the way up, so it needs a pullback. Stocks are not likely to conquer new highs because of earnings. Oil had a veeery long way down, so it has to try 132 once again. So, this may happend on the GDP or unemployment releases (thursday/friday): -Euro up to retest highs last time -Gold & Oil together follow euro up -Stocks plunge , releasing foreign investment from stocks , USD goes lower, better for gold & oil After that: - Euro reach 1.580 and starts a big fall -Oil & gold follow euro on way down to 110/880 area -USD tops at 76 points or around -The media will be saying oil is going to 50 bucks or so, the dollar is strong and this is when oil will go up 50 bucks in a few days and gold a huge move up to 1100 -After oil passing 150 we may start looking for the dollar to collapse

i want the news to post this headline : "crude rose on strong dollar , high us inventories, and no pipe blown in nigeria" .... and looks like market still can't believe it

just remove stops at 10:35 NY time, so crude inventories will not action the stop in case of high volatility

yes, I want. the 905 was the bottom. It is more than clear than oil is bottomed, the dollar just toped on europe session open, everything is set up to go 130 oil, just a matter of time when it happends. looking to pick some at 906 if I can in a few minutes. cool, I am actually learning to make my own bread, very interesting

i am currently shopping for short term movements, we should osciliate for a while until oil starts to test 130 level, which should be this week, maximum until monday, I am not expecting it go lower than 910

what a boring trading in the consecuitive days ... only platinum is promising, but gold and silver are kind of stuck, they can't make a high 'cos oil not yet corrects, and they can't make a low 'cos the lows are re-re-re-retested lets see if fun starts with consumer confidence tomorrow

no doubt! this actually has to be a big drop in the dollar index but you know these guys, they rally financials and stuff like that

"Congress Approves Housing Market Rescue Bill" http://www.cnbc.com/id/25862539 another motive for traders to drive the $USD higher on monday

yeah, thats correct. think 16.80 will be a good buy