Whaddya gonna do.....

Today was one of those days. Gold got the smackdown coming into Europe like usual, about the same time the dollar had yet another miracle and recovered from the lows. Are you like me and getting tired of this shit day after day?

Come CRIMEX opening every commodity and it's mother was selling off hard, however once oil started to rally a little bit later that gave gold a bid and before you knew it, gold, which was down over $12 and looked like it was going to be down $20, rallied back to flat. Silver which was getting absolutely demolished managed to cut it's losses in half. (imagine how much fun it is to fire up your computer and see silver down 4%!).

So, where are we right now? In the middle of a f'ing disaster that's where. Oil at $108 is not good for an economy already in recession. The banking situation continues to worsen by the minute. Stocks continue to slide; should I go on?

It really is something to watch oil skyrocket, the dollar flounder, and have gold flounder about as it tries to scratch out a meager gain when the conditions are more than ideal for the metal to go higher. Gotta love markets that are capped.