A Spooky Halloween Video

Gold is currently at $791.40/oz in evening trading. Things could get crazy if it crosses $800/oz in the overnight market. I am expecting gold to come into strong resistance at 800/oz. It could also encounter fresh short covering at that level as well. A rate cut of 25bp seems guaranteed at this point, and the futures markets have priced it in all ready. Oil is up $0.50/bbl to $92.34/bbl.

Here Are Some Things I Find Scary This Halloween