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Mar 31, 2009

Is it all over for the S&P 500?

The S&P500 market, along with the other equity markets, rallied sharply and created a massive gain of 20% in a matter of weeks. This is the biggest and fastest gain that these indices have seen since the 1930s.

So the question is: Is the move over, or is this the pause that refreshes?
In this new video you will receive insight into what is happening in the equity markets right now and in particular in the S&P500 market.


I think you will find these observations which use the Fibonacci tool and charts to be quite revealing.
As always, the video is with my compliments and there is no registration requirements
.

To view the video please click HERE.
Fernando Guzmán Cavero

GATA Dispatches: " Ted Butler:All talk, no action at CFTC"

Submitted by cpowell on 06:46PM ET Tuesday, March 31, 2009. Section: Daily Dispatches 9:41p ET Tuesday, March 30, 2009Dear Friend of GATA and Gold (and Silver):Silver market analyst Ted Butler tonight replied to U.S. Commodity Futures Trading Commission member Bart Chilton about whether CFTC reports can be relied upon to demonstrate market manipulation. Butler argues that Chilton simply defaults when he suggests that overwhelmingly concentrated short positions on the Comex may be hedged by long positions in private markets elsewhere. For it is the Comex that sets the price, Butler writes, excessive concentration there is just that, that's the only market the CFTC can regulate directly, and so it should do its duty.Butler's commentary is headlined "All Talk, No Action," and you can find it at GoldSeek's companion site, SilverSeek, here:http://news.silverseek.com/TedButler/1238529622.phpCHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.
* * *Help keep GATA goingGATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:http://www.gata.orgTo contribute to GATA, please visit:
http://www.gata.org/node/16Contact GATAinfo@gata.orgGold Anti-Trust Action Committee7 Villa Louisa RoadManchester, Connecticut06043-7541 USA
www.gata.org

From the Desk Of Nick Nicolaas: View Tumi Press Release

Dear Friends:


David Henstridge, President and CEO of Tumi points out that the Company has identified a precious metal system in close proximity to the large historic La Colorada gold mine and which now justifies immediate further work. We are all pretty exited about the potential of the El Colorado and look forward to more news reports from Tumi and recommendations for its senior geological staff that are currently on-site to determine the next work program. As always - - - Stay Tuned!!


Regards,
Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"


MiningInteractive Videos Stay tuned for the most recent updates on Tumi Resources and other leading junior exploration companies through the MiningInteractive Video Interviews.
Mining Interactive Web Site.
____________________________________________________________________
•“The Bergslagen district [of Sweden] is... one of the most important ore districts in Europe, containing deposits of iron, manganese, base-metal and silver sulphides. The district contains the well known historic and current Sala, Falun, Garpenberg and Zinkgruvan mines.” – David Henstridge, President of Tumi Resources
Tumi Two Page Summary View Tumi CEO in Video Interview
"Tumi's hands-on management is highly qualified and has a large network of contacts to identify and acquire silver properties of high merit to enhance shareholder value on a continued basis."
----David Henstridge, President & CEO, Tumi Resources
Tumi Resources Web Site

Tumi Two Page Summary

View Tumi CEO in Video Interview

Is the move in crude over?

Crude oil plays such an important and integral part in our lives, whether we care to admit it or not. This one source of energy drives the US economy and indeed the world’s economy.
therefore, what's ahead for the new black gold? After following this market move to its best levels in some time, we have seen a sharp pullback from its recent highs as the crude oil market appears to be mimicking the equity markets.


In this new video you will see in detail as to what the technicals are showing for this market. I think you’ll find the analysis interesting, revealing and above all educational. As always this video is with our compliments. Do not miss it and enjoy it.

To view the video, please click HERE.

Fernando Guzmán-Cavero

The Financial Times Info

Please click HERE for diferent articles. You will have to sign in first (free) to get to the complete article you may be interested.

Click Here for more information

Forbes.com Alerts: "Will Obama Fire A Wall Street Chief?"

The White House booted Rick Wagoner from GM. Come April, it could be a banker on the chopping block.

To read full story, click HERE

GATA Dispatches: "China, Argentina to Conduct trade in Chinese currency"

Submitted by cpowell on 07:40PM ET Monday, March 30, 2009. Section: Daily Dispatches China and Argentina in Currency SwapBy Jude WebberFinancial Times, LondonTuesday, March 31, 2009http://www.ft.com/cms/s/0/eba6405c-1d7e-11de-9eb3-00144feabdc0.htmlSANTIAGO, Chile -- China, which is pushing to end the dominance of the dollar as a worldwide reserve, has agreed a 70 billion renminbi currency swap with Argentina that will allow it to receive renminbi instead of dollars for its exports to the Latin American country.Xinhua, the official Chinese news agency, said the deal was signed on Sunday by Zhou Xiaochuan, governor of the People's Bank of China, and Martín Redrado, Argentine central bank president, in Medellín, Colombia, where they are attending a meeting of the Inter-American Development Bank.An Argentine official confirmed a deal had been discussed and said the fine print was being worked out and negotiations were "very advanced."Beijing has signed 650 billion renminbi ($95 billion, E72 billion, L67 billion) of deals since December with Malaysia, South Korea, Hong Kong, Belarus, Indonesia, and, now, Argentina in an attempt to unblock trade financing that has been severely curtailed by the crisis.Gordon Brown, UK prime minister, told a summit in Chile at the weekend that this week's Group of 20 meeting in London, which both China and Argentina will attend, needed to ensure vast trade credits were unlocked to help get the world economy back on its feet. The World Bank estimates as much as $300 billion (E227 billion, L210 billion) could be needed.China has suggested replacing the dollar with an enhanced version of the International Monetary Fund's unit of account, the special drawing right or SDR. The dollar's future as the world's reserve currency will be on the G20 agenda.Economists say the SDR plan is unfeasible for now but see Beijing's currency swap deals as pieces in a jigsaw designed to promote wider international use of the renminbi, starting with making it more acceptable for trade and aiming at establishing it as a reserve currency in Asia, something that would also enhance China’s political clout.The deals underscore China's loss of faith in the US currency amid the fallout from the financial crisis. The Argentine accord will also boost China's financial presence in Latin America.Mr Redrado voiced support for China's call for a new currency reserve regime at his meeting with Mr Zhou. "One of the issues was this idea to incorporate other options to the dollar. There was a lot of consensus on this," the Argentine official told the Financial Times.
* * *Help keep GATA goingGATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
http://www.gata.orgTo contribute to GATA, please visit:
http://www.gata.org/node/16Contact GATAinfo@gata.orgGold Anti-Trust Action Committee7 Villa Louisa RoadManchester, Connecticut06043-7541 USA
www.gata.org