Matt,

When you get time would you mind making a sticky of the GDX:GLD ratio so we can monitor the potential of a crossover easier.

Thanks

Jim,

I wish you good luck in your trade but I believe Matt and Steve would agree that all in on any trade could be dangerous.  Still, I wish you well

Maybe it starts with the CFTC?  But trying to control a market is not a good sign.

http://www.cftc.gov/

http://www.cftc.gov/stellent/groups/public/@newsroom/documents/file/cftcemergencyauthoritybackgrou.pdf

I see you points but I cannot see what the fed can do.  They can announce they will buy back the dollar but with what?  More printed money?  They can raise rates a token .25 but that is meaningless and will be seen as meaningless.  They can raise rates 6% overnight and that would bring down the commodities and strengthen the dollar but would probably kill what is left of the housing market and whoever is barely holding on to thier adjustables now.  By the way, there is an election in a couple of months and the incumbent party is the one who put the current fed in place.  No way they get elected if they raise rates as people are struggling to fill thier gas tanks to get to work.

I don't have the answer either mind you but I cannot see what they can do.

was able to find some shares to short through Penson