$40 2 day run in gold

Oil $98

Chinese don't want the peso either.

I don't hate Larry Kudlow, but was it him who suggested that high oil was bullish for the stock market.... Larry, I love the idea of advocacy, but that is just ridiculous, people who believe you are about to pay.

In Kudlow's defence, he believes in markets, and free markets. So when he is being an advocate for the bull side. he is just doing what markets do, Regardless he is a buyer. That's great. I'm a buyer, or a seller. Hell that makes me more amoral than he is. I'm just a profiteer. at least he takes a side. and sure he is advocating a side, and maybe stretching the truth for his own good.... we all do that to our benefit... how can I judge.
All this does look like a blow off top in the dollar gold and oil. Or, it's falling off a cliff.

borrow short and lend long.

Well, The fly is quitting his blog, in a very mopish move. Regardless, he is entertaining, which is why I read his blog. I don't read the comments, but.... sad to see him be so fucking sensitive...