Inversion

Last night, on CNBC, they reported a 3% collapse on Wall Street. That effectively wiped out all of the gains made in 2006, and was the sharpest drop since 2003. Google lost the most, Wal Mart dropped too. Guess what went up? Oil rose by about 3%. Oil is currently just below $69. Gold has shot up to over $560 and the Rand has broken through the R6 threshold (to the dollar).

High oil prices are related (but not limited) to these three factors:
- Iran
- unrest in Nigeria
- the latest rumblings from bin Laden

In his most recent recording, bin Laden began his statement by saying, "Peace be upon those who follow guidance." That language, the analysis concluded, closely matches a pattern seen before the bombings in London last July 7. Bin Laden used almost identical greetings in statements directed to Europeans in April 2004 and to Americans in October 2004.

"We believe that this signifies this is a warning message, and they feel they're obligated (to give) in the run-up to an attack," said Ben Venzke, chief executive at the IntelCenter.