Ouch and

Gold has dropped the past two days which is why it is tough to ride the tide in this market; especially when war is prevalent in the news.

One notion I have is the classic pare trade of gold and oil, which got out of hand the past few weeks, and the prices are naturally adjusting and the shorts of oil may or may not be covering.

I am shocked, but shouldn't be, that natural gas disruptions has barely made a dent in natural gas prices. If my memory serves correct, it didn't either in 2006. But besides tax loss selling, I think this is a reason that we have seen an alternative to natural gas go ballyhoo the past few day, uranium and its related ilk.

Still, Germany is committed to phasing out nuclear power and determined to forge deeper ties with "cutting off power" Russia. Makes no sense. But then again we voted for a comedian as senator.