[arete]

Well, you sure had it nailed when you said it would be an interesting week. Something is out there lurking in the night, that's for sure. Oil and commodities are on a rocket ride.

Richard W.

[imawit]

Supports keep crumbling. When was the last time a high was tested ? And, the pundits are still hawking tickets for the continued rally.

[imawit]

Doin my own wrap up right now.

The world and Japan 1st will have to confront the drop in the dollar again in a few hours. Will it be like Sunday our time again.

I did a silly little piece on Monday about how their actions explained what happened all through Monday but on Wednesday which comes in a few hours, they will have to confront a much lower US dollar. We could see gold pop $400 and everybody else hiding out in US treasuries.

Will they continue their gambit with US Treasuries, hesitate or start to pull the plug. They can buy gold and silver too. Who sez the central banks, or more specifically the positive balance of payment guys won't hedge their dollars and do some diversifying.

[imawit]

Continuing the wrap up ...

Gold and the HUI without a doubt divorced itself, unsiamesed itself from the equities and did it's own thang.

Good and bad sign depending on your bias.