I'm all in favor of people taking a week off, but on the other hand, it's good to have you back. You bring up some very valid points. Not to mention that your numbers on oil were within pennies of yesterday's high and this morning's low.
This is the first time i have been very concerned with all the world markets last Thursday i sold all my mutual funds in my 401K accounts! 6 weeks before i was up around 11% for the year. When i sold i was up around 5.8% for the year. $4 gas has really slowed what little momentum the economy had. $1.6 Trillion budget deficits each and every year can not be sustained! Buy end of year $80 oil will give all Americans a pay raise. if we stay around $100. the economy will falter more. IMO! So my take Higher oil prices = lower stock and commodity prices and Lower oil will lift most boats!
Several weeks ago you were looking much higher gold,silver, and oil prices for the rest of the year. Have the charts turned negative or did that nice looking girl at the coffee shop give you a tip Lol! What's changed? For me sustained growth looks far off, 12-18 months out.