Sunday, October 24, 2010

Risk is On

The meeting of G20 finance ministers is over, and the futures market opens.

Dow futures: up 79

Gold spot: up $14.50 to $1,342.20

AUD/USD going to parity, further pain on Japanese Yen as USD/JPY dips below 81.

The Fed's POMO days this week are Tuesday and Thursday.

As someone said, buy anything, almost.

I'm storing food and toilet paper rolls. Coffee and sugar, too. Have you recently looked at coffee futures and sugar futures? Not to mention cotton futures and corn futures.. Maybe I'd better run to Walmart for cotton undies while they are still cheap...


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