In what is happening today the American Dollar took the biggest jump in 2 days since 2005. Oil is down so is gold as well most commodities. Once again investors are pulling out of commodities and back into financials as Bernanke says there will be no more interest rate cuts and banks around the world are talking rate increases to fight inflation.

What does this mean to us probably little, as fundamentally nothing has changed oil demand is not going to be less thanx to emerging markets its going to be more and more same goes with commodities there is only going to be more demand and as the wealth of these markets begins to increase the demand is only going to get greater many asian countries have already began to secure future mine sites one here in Canada not long ago. When they prove up the ROF they will be back for one or possible many mines.