Pour Some Suuugggaaar On Me....

Sometimes, it does seem easy (but, I assure you, it ain't!). I did mention yesterday that I expected base metals (such as aluminum, nickel, lead, copper, etc.) and sugar to take a tumble soon as the fools who purchased at the top are getting themselves carried out, feet first, by an inexorable force called "late long liquidation". Those futures are all down 4+% today. It ain't over!

I would be interested in purchasing silver at $8.95, crude oil at $57.50, and sugar down around $14.50. And yeah -- equities, just like I had predicted, are not ready to go down yet -- there is too much stupid money around...still!