Apologies, but whenever someone quotes GATA and the "gold cartel", the rest of the text is just drowned out by my laughing.
If you look at the technicals for oil, it broke a double top. I understand that once this happens, expect a move to twice the previous range. We are not yet there with oil...none the less, I'm short oil. Maybe a stupid move, but there you are. A parabolic move often goes on further than anyone expects, then I've observed that when it breaks, a downtrend seems to follow. just my 2 cents
http://www.elitetrader.com/vb/showthread.php?s=&threadid=5285&perpage=6&pagenumber=1127 on 3.19 gold shorted at 955. no hard stops, expecting break down sub 850 soon, then 600 range by 4.2009. surf