Gold just opened up almost 2% on the NYMEX. I suspect it`ll come off a bit overnight, but we should be seeing new highs relatively soon, read the next month. First stop for Gold will be 1190 IMO.

Silver is also on a tear. I have mixed feelings about Crude here and I think Nat Gas will tumble to $5.20 at least.

This bodes very well for the appeal of Jr and risk appetite for Q1 of 2010.

I`m still waiting for equity markets to turn, but bonds and currencies are still very weak.

Happy hunting