So much for the oil and currency improvement

[redrumloa]

Oil spikes $25 a barrel on anxiety over US bailout
http://biz.yahoo.com/ap/080922/oil_prices.html

Oil prices spiked more than $25 a barrel Monday -- the biggest one-day price jump ever -- as anxiety over the government's $700 billion bailout plan battered the dollar and touched off frenzied buying of safe-haven investments including crude.

Light, sweet crude for October delivery jumped as much as $25.45 to $130 a barrel on the New York Mercantile Exchange before falling back somewhat to trade at $122.60,up $18.05. The contract was set to expire at the end of the day, adding to the volatility; the October price began accelerating sharply in the last hour of regular trading.

Dirty rat bastards, all of them!

 

[FluffyMcDeath]

oil, yup, and just look at the curve...

And also the dollar has a case of the droopy DXY. These are quite staggeringly sharp reversals of what had been a positive trend. Things have now switched back to the previous hand basket ride.

Gold and the Euro aren't testing their old records just yet, but they are moving in that direction.

Meanwhile, here're a couple of vids you might appreciate, Red.