ridiculous moves - serious pain on the cards

usual silly moves in Silver market on no volume pulling up commodities sentiment...an industrial metal with no real market other than ETF rapid fire investment pushing it up

The world is short the USD again despite the fact the euro has a dangerous structure and considerablely more debt to GDP, slower economic activity and higher unemplyment,,,totally overvalued Vs USD and being pushed by short term headlines....and closer to actual default, the move in the last week is overdone and should reverse on simple fundamentals

Heard again this morning on TV channels and online, Gold you cant lose,,its an inflation story or alternativley a currency story if USD falls...this is another warning sign imo

Oil will fall as demand is falling, supply, well in the USA storage is flooded, and normality will eventually set in as it always does...it will also impact earnings to the negative going forward and as soon as someone in the investment banks start to downgrade thier numbers it will ease the markets further

4940 to 4558, and further to fall, stand back from the chart and take a longer view and you can see that the market up 100%approx in a few years is a totally unrealistic return in the current economic environment......thats approx 50PC PA - thats absurd


The new normal, everyones an FX trader will eventually end as the huge leverage in the system kills the small time punter, and it seems everyone is a punter....

weekly rant over,,,time for Cave TV.....
China Slowing
Europ slowing
USA slowing
OZ negative already
Japan rebuild..what revuild thiey are talking about Tepco having to buy all the land as its contaminated
Carbon taxes falling property prices USA UK Europe and OZ
High Australian Dollar eroding margins
Retail sales :(

38.48 certainly not a buy imo