$CDW Weekly

In what is perhaps a further sign that a risk reversal in the markets is taking place, the $CAD continues to decline in an oversold condition with gathering momentum, while the $CAD gold price is bouyed in the $1400/oz. level.

http://scharts.co/1aFCSQ2

http://www.kitco.com/gold_currency/index.html?currency=CAD

Gold prices closed mildly in backwardation over the forward month, and many contract months, meaning we are probably due for a run-up in prices:

http://finance.yahoo.com/q/fc?s=GCF14.CMX+Futures+Chain

-F6