Craigla1

The Coming Commodity Correction: Hedge Your Downside Risk

This is a shallow argument. Whilst it's easy to see the link between the falling dollar and rising prices for commodities and precious metals denominated in dollars, this discussion gives short shrift to supply-demand factors. Gold supply is contracting, and production costs are soaring.

Another point the writer made which is just plain false: with volatility declining 35%, this suggests a market bottom. Simply wrong. Chart the VIX against the S&P. The recent decline in the VIX to below 23 indicates that the market has most likely hit a near-term top. Low volatility has been a clear sign that buyers have become way too complacent. If the last year is any indication, the VIX will rise from here, and the major indices will be under pressure.