[dennisw]

It’s a big day for deflation.
USD up too naturally

Oil down $4 today
Silver to gold ratio is increasing which is a deflation indicator

[b4its2late]

Crude is almost down to it’s 52 week low.

[JasonC]

Correct. On weakness in Spain and the rest of the weaker EU countries. Also Greece, which is trying to tackle its deficit with an EU approved austerity plan, is facing a wave of strikes from its unions as a result.

[Steamburg]

Good Call, unless somebody has found out that the w0n is planning a FDR repeat and will try to seize all the gold at reduced prices. I, of course have not seen or heard anyhing to indicate that, except past behavior of American Dictators.