Monday, April 20, 2009

Crude Oil Drops Over 7% Today

Seems like the same old theme - when the stock market gets slammed, so does crude oil.

Crude oil closed the day below $49/barrel. 

(Chart source:

When crude is up on days like today, that's when we'll take a hard look at going long crude.  

The only bright spots today?  Gold, Silver, US Treasuries, and the US Dollar.

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