metals up oil up dow doowwwnnn, page-50

The new Russian president Medvedeb came out swinging over the weekend basically saying that the US financial system is now reaping what it had aggressively sown. As well Bernanke's Euro counterpart Trichet refuses to dance in step with the US fed. If the Australian market doesn't fall down as much, we might be witnessing a once in a century change of economic order in which the US doen't matter as much. Interesting how agitated the US market pundits and Washington are over the fall of the US dollar and the rise of oil, blaming it on speculators, and how they should be regulated blah,blah... They can't seem to accept that maybe oil is going up for a more fundamental reason, that even with the US going into recession, there is still strong demand for oil elsewhere. Watch out for this earthshaking development, as bhp is in the boxseat. A lot of broking houses are not only behind the curve on this one, they haven't realized that the supply-demand curve has permanently shifted.