"BHP Billiton World Exploration Inc. exercised 1.15 million Asia Gold common share purchase warrants. Following the transaction, BHP Billiton now owns 1.73 million shares of Asia Gold representing about 10.5% of the company's issued and outstanding common shares." Wow, BHP is buying gold at these prices. Record dollar amount mergers across the sector. We assume these companies know more about their business that we do. We're bullish the metals already, BHP and others are confirming our bias.

Copper is moving steadily our way and picking up pace. Silver is up pretty big this morning. The stock market is finally pulling it's head out of the sand.

This has shaped up to be a damn good week. If today sees some followthru, it only gets better.

Btw, Dow up 200+ points AFTER Fed raises rates and the same day oil approaches it's all time highs and unleaded trades up nearly 10 cents a gallon. That coincides nicely with the correlation we want to see between the stock and energy markets. When a market trades up on bearish news... hmmm.

Cheers.