GOLD AND OIL ARE MASSIVELY DIVERGING...
GOLD UP...OIL DOWN...
THIS CAN'T LAST MUCH LONGER...
THE GOLD BUGS ARE FOLLOWING THE DOLLAR... AND THE BAILOUTS...
THE OIL BEARS ARE WATCHING THE ECONOMY WHICH IS COLLAPSING ...
BUT OIL AND GOLD ARE BOTH PRICED IN DOLLARS...SO THIS DIVERGENCE CAN NOT GO ON FOREVER...
AND OF COURSE OIL WILL NOT BE ABLE TO GO DOWN 10% PER DAY FOR TOO LONG...
MY HUNCH IS THAT SOMETHING WILL HAPPEN TO BRING PLUNGERS OUT OF ZERO INTEREST US BONDS...AND BACK INTO OIL...AND GOLD...BIG TIME...AND SOON...
THE VERY NOTION OF ZERO INTEREST ON BONDS...EVEN AS OIL DIVERGES FROM GOLD...AND FROM REALITY...IS THE NEXT BIG THING ON WALL STREET...
HIGH GAS PRICES ARE DEATH TO THE US ECONOMY...WE NOW KNOW THAT...
BUT THE NOTION THAT OIL PRODUCERS WILL "DO THE RIGHT THING" AND KEEP OIL DOWN IN THE FACE OF SOARING GOLD IS NONSENSE ON STEROIDS...
PROBABLY THE FIRST BIG EVENT OF 2009...WILL BE THE "RATIONALIZATION" OF RECENT COMMODITIES ACTION...
OIL AS A NO BRAINER SHORT PLAY IS AS RISKING AS INVESTING IN BERNIE'S HEDGE FUND...!!
AND WHEN THE SPECULATORS DUMP THEIR NONSENSE BET AGAINST OIL...IT'S GOING TO BE BRUTAL...
