Monday, April 10, 2006

Easter Week Is Boring Me To Tears...

Clearly, the market has decided to take a much-needed breather after a bunch of important economic news last week, which culminated in the equity mini-massacre last Friday. As you know, having sensed a whip-saw type of action for some time now, I have been well out of this mess, and am quite pleased about it. It seems all the action is concentrated in the commodity markets anyway!! Silver, gold, zinc, copper, nickel (to name a just a few!) are making multi-decade (!) highs and it doesn't look the party is going to be over there any time soon!

So, dear Fed big-ivory tower thinking honchos, if there is really no inflation in the economy, why are precious metal prices going through the roof, and equities are unable to rally in any meaningful way (hence my being out them)?? Answer me this, Ben!

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