I'm sure you have noticed what gas prices have been doing. Crude oil (and consequently gasoline and diesel) is skyrocketing because of the unrest in Libya, and the fears that the violence could spread to Saudi Arabia.
I predict they are going to continue to climb, in the short term, at least.
A big problem I'm having right now, though, is that all the investors are pulling their money out of other commodities (primarily ag products), to dump into oil.
Corn and soybean prices are dropping like a rock. The market WILL correct itself - it's just a matter of time. I just hope it does it well before harvest this year.
I have never seen a market so volatile, and the experts say it's going to get worse.
What are your thoughts?