$COPPER - Spot Copper

Long Term Sugar

$NATGAS - Natural Gas

$WTIC - Crude Oil

$NATGAS - At Long-Term Support

We got a bounce yesterday in the UNG...

$WTIC - Crude Oil

$SILVER - Spot Silver

SILVER

I whipped up this chart two days ago, just in time to go long 1000 SLV on Monday afternoon. Let's just say it appeared we were in for an oversold bounce, although what we got today in the precious metals was breathtaking...

$WTIC - Crude Oil

CRUDE OIL made a near term double top on the DAILY chart recently after failing at the $100 level...Morbidly overbought but has pulled back nicely to first support level...Can't help but think the recent news out of the NIE has helped ease the IRAN PREMIUM...

MONTHLY

CRUDE OIL on a long term basis is still firmly in an UPTREND could pull back to the midline here a still be well wihin itself...

$GOLD - Spot Gold - Weekly

SPOT GOLD was entrenched in a well defined triangle for a 15 month plus consolidation...Broke out from the 61.8% FIB line to the upside and popped $150 as its next upleg took shape...Support at $775 holding up for now...

$GOLD - Spot Gold - Daily

DAILY CHART - $GOLD



TRUE PRICE OF GOLD - Inflation Adjusted




The only thing that I'll say right now about GOLD is that the alleged inflation adjusted all-time high of the yellow metal is around $2200...Consolidated in a tight range for a number of months and then eclipsed the MAY 2006 highs around 730...Up GIGANTIC since the FED / Other Central banks blinked by flooding the system with liquidity after the onset of the "credit crunch" in mid- August...

SOURCES:

http://goldprice.org/inflation-adjusted-gold-price.html
http://www.stockcharts.com

IPSU - Imperial Sugar

IPSU was trading very nicely technically riding the SUPPORT TRENDLINE upward, however it has now broken support and is trading sideways and seems to be pinned beneath the EMA ENERGY BAND.

$GOLD - Gold - Weekly

$WTIC - Crude Oil - Monthly