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May 15 (Bloomberg) -- Edward Meir, FC Stone, on GOLD

Couple sessions behind the curve, yet still relevant stretching as it does to mid-summer.   Fact is, if it weren't for Bloomberg's relatively sparse commodities video production pace, I'd have signed the "Exclusive" redistribution  agreement they've been pushing on me months ago. ..   OK - that's a lie but it sounded damned impressive for a moment didn't it!   Notwithstanding the production timestamp, I've elected to use it to further verify Bloomberg's video-library persistence in  light of CNBC's dismal recent consistency.   Besides, if I take the time to program the InterBLOG's channel content, then post the carefully-selected highlights, the least CNBC could do is keep the selections in cue long enough to be viewed by the upper echelon of our Bohemian Grove/Bilderberger audience who are constantly on the move - all the more so now they're actively seeking alternative tax-haven domiciles sans extradition treaties with... well, you know.....  

May 17 (Bloomberg) -- Bloomberg Senior Economist Joe Brusuelas previews the next week in trading

Weekly Market Preview (VIDEO)

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Gold Breaks Key Support (AGAIN)...

Art Cashin: "This Could Send Markets 'Parabolic'"

Friday mid-afternoon, and Art Cashin discusses with Pisani the possibility a lack of a deeper, more widely expected (actually "hoped for"  by the poor portfolio jockeys who missed the first stage) - might (I say: MIGHT) cause those squeezed blue-in-face shorts to throw in the towel - which might in turn incent the portfolio pilotten to firewall the throttles  and go for broke trying to gain as much altitude as possible before the Tsunami they've so far missed, dissipates.   The choice seems less agonizing than one might presume...   1. publish a quarterly report admitting you (and they) missed a significant bull move which appears so strong as to be morphing the herd from calf to MIURA before our very eyes.    2. issue a similar mea culpa albeit featuring a theatrical device worthy of Hitchcock ending with an almost off-handed statement that you're  still staging in to the markets now... while (tactfully but tacitly leaving  the impression you've been doing so much longer than you have)....   Anyway, point Cashin alludes to is a parabolic run up to and through escape velocity - leaving fate to decide what happens when the LOX runs dry  (rocket fuel rather than Bagel trimmings) and gravity begins to eat away momentum.. .  

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Commodities Tomorrow: Oil Up Slightly

BTW relating to and further on my prelude comments to the previous video (below)...   I'm not unaware of the implications to the market which brings us together here.   Please remember though, Futures are unusual (perhaps even "unique") in that it's just as easy to book profits off shorts as longs.   Perhaps even easier because tho' opportunity costs  (closer attention is demanded to more precise entry/exit points) may be higher, the average length of time in the markets (at risk) is less.   Beyond that, as long as markets remain fluid (moving) opportunities exist.   (I'm just sayin'..)    

Gold Continues to Lose Shine

Like I been sayin' tail risk ain't INflation - it's DEflation. Beginning to gain traction now unfortunately. Unfortunately - because it's relatively easy to halt INflation with Fed's existing toolbox. Only tool they have to fight DEflation is "moral-suasion" and we all know how effective that is.