Oil flash crashed today and yesterday. This is a sign that there was large supply moved on strong demand. This is very bullish. Oil is sitting right under the level I called for it to break America's back. One reason it has not gone much above $105 (the number I picked last Fall) is because precious metals were allowed to appreciate. Precious metals are money and they trade with oil. They trade with oil because it is a necessary component of the economy more so than any other; oil is its lifeblood, and precious metal is monie.
Gold has been the clear winner, as silver sold off and platinum is stuck in a range. Gold reserves are important because this is how Central Banks trade with each other; they loan gold to each other to facilitate growth. They are not using silver and platinum yet, so those two have a backseat role.
When I called the Next Move last Fall I said the system would break when gold was at $1440, silver was at $36, platinum was at $1800, and oil was at $105. The Central Banks knew oil was the only one that would instantly bankrupt the system if it broke the said level, so they let gold handle the inflation (although silver took the torch for a minute). This was to their benefit anyway.
Eventually, because silver is undervalued, silver will catch up. Since silver and oil trade as a pair, this will be disastrous for currencie, So since gold facilitates loans, gold will have to rise too. Platinum will go along for the ride, or it will get cornered, and lead what will be a parabolic move for these four.