Additional Comments


No marking of time today.  Traders sold crude and the products all day long with both hands.  With the changing of news to OPEC wanting to open the spicket’s for a new layer of gold dust on the ol’ Ferrari, I could see where energy could come under some pressure.  What I don’t believe is that there is any lack of demand.  So, although prices may come under some pressure, I’d say sales will remain elevated.

US Treasury Bonds:

Bonds continued higher today.  I believe a correction of some significance will materialize.  This may be more a marking of time, but the establishment of a trading range is what is anticipated.  Keep a close eye on gold and silver to plummet.