Maybe we should have said "Oil?"  USO might be worth a light speculative commitment.  We have felt for some time that oil was oversold.  The chart of course doesn't care…

Cancel that last letter.  It was written before the market closed.  If anything today is a buy signal in GLD.It is our usual practice to wait till the close to…

Today's action looks like a definite sell signal in gold and we are exiting our personal positions in SLV and GLD.  We regard this as one of those to be…

Off the bottom the Dow gained close enough to 10% to say 10% ending the downwave which lasted 40 odd days.  There have been three days away from the low…

We have been following our economic analysis expecting bull markets in the commodity ETFs.  Here is DBA which could well be setting up a Kilroy (or inverse, reversed Srissasana upside…