The Gold Rush

I emailed my friend, so wanted to share with you, my loyal following, some thoughts. Last week was a pounding on anything commodity related. I believe, that this week, we will see a nice rally on the upside, if not vicious. I admit I am timing this, but the odds stack up favorably and if I am wrong, at least, I believe, there is value at these levels to hold onto.

1) At the close, some penny stock miners like HL and GSS were up. Possible foreboding.
2) Oversold nature of most stocks in this arena, and CPO was up over a buck on Friday.
3) Gold had the worst weekly selloff since the beginning of the 80s, at least that is what the headlines said.
4) Oil looks to break, no fall, through the $40 level and may do so, but it has already gone from 60-140 in half the year, and 140-40 in the other half, so I would like to think that I'm not the only who would like to pick away at it.
5) Corn cannot find an uptick and has that railroad track look that went off course, bigger down move than normal, on Friday.
6) Steel had a nice mini rally on Friday which reflected the auto bailout. Steel also follows the energy market, can this be reversed?
7) I believe China withdrew its support of the market to scoop up bargains. They were upset on how the West held a gun to its head on the gouging it got in commodity contracts and has sent them reeling, look at FCX. So they will need to start buying again.
8) Russia will fall back in turmoil and Putin will not be known as the strong one who kept Russia together but see it fall apart if nat gas keeps declining in the winter yet.
9) Ultimately, a few dogs hit it big and gold, oil, corn were and have been dogs for six months. So a little Manna from up above isn't so much to ask!
10) Oh, and the shippers like DRYS and EGLE have been rallying off their lows last week.

Regards :)