The traderneal Theorem.......

I am going on a brief vacation and will be back on Wednesday night. Now, whenever I am gone for a few days and out of the office and away from a computer, gold has a tendency to do very well; I call it the Traderneal Theorem. So enjoy the nice rally that will ensue from Monday to Wednesday.

What can I say that is worthwhile? According to CNBC all is well and commodities are dead. In fact, they act like you are an evil person and should die if you own commodities are commodity stocks. This is an actual quote from Bob Pisani earlier today:

"The markets are off their highs because commodities are higher, and that's a problem."


With logic like that, what is one to do?

Look around, read the newspapers, read financial news online, things are still horrible, terrible in fact. The Fed did not increase the TAF from $100B to $150B, and agree to take in AAA CMO's because things are hunky dory. Funny, but every cruise I have been on, the life boats and life jackets are safely stowed away.

Without a doubt, all roads lead to gold. Hell, I plan on adding if the price goes lower.

Enjoy the rally and see you Wednesday.