Strong crude oil prices were generally lifting sentiment in the precious metals market.

The market is very volatile since gold climbed above $600 as speculators are keen to take profits on rallies, while there is plenty of bargain-hunting demand when it approaches $600.

A lot of short-term funds have been shifting heavily into gold and other commodities since the start of the new quarter.

I'm planning to accumulate more Treasuries. Higher oil prices are going to depress consumption. It's a kind of a tax increase for consumers.

Not a great way to start your Monday, no, not at all.

No, first time I noticed it. Not to happy with that -- $50 I could've saved for something else.