au trader

Oil and the Futures Market

some of the most naive statements I've ever read.

sell gold for dollars? do you even know how much gold the us has in reserve? hint - its a lot less than what the fed gave to banks to recapitalize the so far in '08 (and a fraction of what china holds in $$). that might move the dollar by a penny - maybe 2!

cq - you understand that producers are net long now, right? check the crude COT.