Gold, Oil & Indices (Equity & Bond Indices)

Silver consolidates around my last target of 37.60. Next potential resistance at 38.72 but da carnival barkers still talking silver to the moon, who knows ?

For CL, I still have upside targets at 108.69 with possible ext at 109.87 or 110.64

Qingyu...

japan lost a decade... and in that time YEN strengthened...
US recovery story(not saying it is really happening yet) wouldn't be the appropriate fundamental reason for YEN weakening...
2nd... events like the nuclear disaster is like a two-edged sword... wouldn't be assuming it's negative for the YEN....
IF you remember... when the disaster struck... it was positive for YEN... only intervention by G7 nation that it stabilised the YEN....

assumptions are always dangerous and fudamentals would always have two different interpretation...

gl/gt

sub, two reason.

first, us economy recovery far more fast than we thought, spx DID NOT crash!

second, japan nuclear disaster. (not worse than chernobyl, but certainly worse than three miles island)

a lake 60 km away from chernobyl found cesium in fish body, but still safe to eat. as you know cesium will cumulate from plant to animal.

chain reaction can restart, buy neutron moderator will cease it.

i know a lot of people understand chernobyl by the movie, but that is just a movie. and if fukushima is worse than chernobyl, you can see japanese hunt every dogs and cats near power plants.