Tuesday, February 22, 2011

Parabolic Flight To Silver, As April Crude Touches $98.48, Irrelevant Dollar Unchanged

There was a time, long ago, when the dollar was a flight to safety instrument.
Those days are gone.

DXY barely budging as the overnight session begins, while silver has already put $34 in the dust. Last: $34.26 and parabolic.

April Crude lieterally flying off the shelves. All those who thought the 4 pm price was a misprint and shorted... our condolences.

Time to announce 10 emergency POMOs tomorrow... or else


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