Black gold is doing better that yellow gold as gold hits a 5-year low overnight, but oil stays solidly above $50 a barrel. Prices failed to take out $50 a barrel after U.S. rig counts resumed their downward trend. The U.S. oil-rig count for oil fell by 7 to 638, according to Baker Hughes.
The Old Farmer's Almanac had it right last winter and their woolly caterpillars and other things they use to predict weather will send chills down your spine. They are predicting a “super cold “winter in the eastern two-thirds of the country.